Small and Midsize Law Firms Hiring More Big Firm Lawyers as Large Firms Conduct Layoffs According to legal data company Firm Prospects LLC, while large law firms have been conducting layoffs and reducing hiring, small and midsize firms are seizing the opportunity to hire more big firm lawyers. The data shows that the portion of associates leaving large law firms for those outside BigLaw has shifted over the last two years, from 31% in 2021 to 34% in 2022 and... (59 views)
Law Firms Decrease Lateral Associate Hiring Amid Economic Uncertainty Recruiters report that large law firms have decreased their lateral associate hiring, as many firms find themselves overstaffed after a hiring spree in recent years. Despite this, some associates who entered the workforce during the boom times were slow to realize this shift in the market. The National Association for Law Placement recently released data indicating that... (64 views)
Lawyer Hiring Outlook for 2023: Opportunities Still Available, But Move Quickly Hiring for lawyers in both in-house and law firm positions is not expected to be as high as in the past two years, but it should still be a good year, according to placement specialists in an Association of Corporate Counsel (ACC) chapter webcast. The technology sector, in particular, was over-hired in the past two years and experienced layoffs in the last quarter of 2022.... (30 views)