Posted onAuthorDavid E. ColeComments Off on More associates quit to accept partner job offers
By Aebra Coe (April 11, 2022, 1:04 p.m. EDT) – As law firms strive to fill talent gaps in high-traffic practice areas, they are increasingly willing to offer the associate title to senior associates joining them from a competitor, according to data from Firm Prospects, an organization that tracks the lateral hiring market.
Among the top 100 law firms by revenue in the United States, partner-to-partner hires increased 35% from 2019 to 2021, according to data from Firm Prospects.
As law firms saw client demand soar towards the end of 2020 and into 2021, particularly for transactional business work, the need for more on-deck staff quickly became apparent. , said…
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