In their report on the 2014
Lateral Hiring market, Above the Law noted «A sustained upswing in the lateral partner market over the past three years, with the vast majority of big law firms pursuing lateral hiring as an important part of their growth strategy.»
Obviously,
the lateral hiring market has become a lot better.
The US associate
lateral hiring market in Asia for US and UK firms is in a severe down cycle, at least when compared to recent boom hiring periods (mid ’06 — mid» 08; mid» 10
The US associate
lateral hiring market in Asia for US and UK firms is in a severe down cycle, at least when compared to recent boom hiring periods (mid ’06 — mid» 08; mid ’10 to mid» 11).
The lateral hiring market in the US was much more active in 2014 than in 2013.
Not exact matches
The move was seemingly
lateral, as GM
hired another exec, Steve Majoros from a Detroit advertising agency, to handle Cadillac
marketing.
The magic circle firm, which overhauled its three - tier lockstep system in 2015, has long had the ability to reward top - performing partners by moving them above its core 100 - point plateau, but has previously opted against such a move — even for
lateral hires in the highly competitive US
market.
Whether they refocus on
lateral hiring, contract / temp - to -
hire attorneys, project attorneys, staff attorneys, alumni relations, interview training,
marketing, personality testing, or non-traditional positions like pricing directors, the right mix will be different for every firm.
They may be chosen to serve on other committees such as
marketing, associates, recruiting,
lateral hires, administrative staff, financial, ethics or the management committee, etc..
It is suggested that the wisest way to enter another
market is through a merger with a compatible firm or by engaging a
lateral hire with a profitable book of business.
«When it comes to
lateral recruiting, firms should consider themselves sellers in a buyer's
market — any misstep or misinformation along the way could mean the difference between getting and losing many potential
hires.»
Now, we are seeing the first true signs of a battle within one segment of the legal
market where the key ingredient is not the
lateral hiring of top partners, or the opening of foreign offices, but the development of legal technology.
Barbara contributed to the Law360 article titled «IP Partners Face A Declining
Lateral Job
Market,» commenting on how changes in the law contributed to the nervousness in intellectual property
hiring.
Since its entry to the UK
market a decade ago, Quinn Emanuel has delighted in shaking things up and its approach to
lateral hiring reflects this.
Route1 is rapidly growing in both the UK and AsiaPac legal recruitment
markets, and despite seeing
lateral hiring slowing in the UK in the wake of Brexit, we are experiencing strong demand for 3 + PQE level transactional roles in Australia.
Having just evaluated the firm from a buyer's point of view,
lateral hires are positioned to provide a firm with valuable external
market insights.
I've produced original research — into the success of
lateral partner hiring in the London market — which gained international recognition, write regularly for The Lawyer magazine (among others), have spoken at a variety of conferences and authored «Lateral Partner Hiring and Integration for Law Firms», a 40,000 word special report from Ark Publishing in 2010 (second edition
lateral partner
hiring in the London market — which gained international recognition, write regularly for The Lawyer magazine (among others), have spoken at a variety of conferences and authored «Lateral Partner Hiring and Integration for Law Firms», a 40,000 word special report from Ark Publishing in 2010 (second edition
hiring in the London
market — which gained international recognition, write regularly for The Lawyer magazine (among others), have spoken at a variety of conferences and authored «
Lateral Partner Hiring and Integration for Law Firms», a 40,000 word special report from Ark Publishing in 2010 (second edition
Lateral Partner
Hiring and Integration for Law Firms», a 40,000 word special report from Ark Publishing in 2010 (second edition
Hiring and Integration for Law Firms», a 40,000 word special report from Ark Publishing in 2010 (second edition 2013).
This year
lateral hiring in cap
markets has been extremely slow, for two obvious reasons: a) Many IPOs US cap
markets groups have been working on in HK / China are on hold; and b) there was much more than usual
lateral hiring in this practice area from late ’10 to mid ’11 (right before the slow down in IPOs).
Slaughter and May has made its first ever
lateral partner
hire with the addition of Morrison & Foerster US capital
markets partner John Moore in Hong Kong.
Slaughter and May has made its first ever
lateral partner
hire in Asia with the addition of Morrison & Foerster US capital
markets partner John Moore in Hong Kong.
«What we see time and time again are firms who know who they are are going to go after practices and people that fit with their strategy,» said Lowe, adding that he anticipates the
market for
laterals hires will remain strong into 2018.
The CEE Legal Matters website, which registers well over 40,000 unique visitors a day, carries daily updates of deals, disputes, and other client matters across CEE, as well as news about senior promotions,
lateral hires, and other developments inside the 24 legal
markets themselves.
The London
market for
lateral hires was much more stable than the US
markets.
They may be chosen to serve on other committees such as
marketing, associates, recruiting,
lateral hires, administrative staff, financial, ethics or management.
Further, in ’09 US and UK firms were dealing with an historic recession back home and thus it was very difficult for partners in Asia to get clearance from firm managements to make new
lateral hires (while layoffs were happening at the mother ship and also many in US and UK were skeptical in mid and late ’09 of China's
market upturn).
She has directed professional practice,
marketing, and business development activities;
hired and helped integrate
lateral lawyers; helped law firms expand via new offices; and been a senior management leader.
This year
lateral hiring in cap
markets in HK / China has been extremely slow, for two obvious reasons: a) Many IPOs US cap
markets groups have been working on in HK / China are on hold; and b) there was much more than usual
lateral hiring in this practice area from late ’10 to mid ’11 (right before the slow down in IPOs).
Whether the
market entry strategy is through acquisition, merger or
lateral hire, you can then throw a whole host of political and personal factors into the mix.
Market Restructuring and
Lateral Partner -
hiring, By William Henderson, Professor of Law and Stephen F. Burns, chair on the legal profession at Indiana University Maurer School of Law, Bloomington, IN.
Dewey & LeBoeuf has secured the most high profile
lateral hires the California legal
market has seen for years after recruiting a star M&A and technology team from Cooley Godward Kronish.
Managing Consultant - Legal Leeds About the team Due to continued success of our Legal team in Manchester and in line with
market growth, we are now looking to make a strategic
lateral hire, by appointing a Legal Managing Consultant / Divisional Manager.