I recently read the article After COVID-19 Hiring Slowdown, Lateral Moves Pick Up in August in the New Jersey Law Journal. According to the article there are some areas of law in demand. Intellectual property lawyers who handle patent prosecution are attractive right now. This is especially true for those with experience in the pharmaceutical and life sciences industries. Firms are also seeking commercial litigators. The article specifically mentions class action defense, white collar defense and insurance coverage as areas of specialty. Obviously, bankruptcy and restructuring attorneys are in demand as clients face the pandemic and its financial consequences. Lastly, the article mentions that firms are seeking transactional and employment laterals. Many lateral partner moves are happening in these practice areas.
What I get from this article, combined with my own experiences, is that there are opportunities for established partners looking to make a move. Firms are looking to add revenue, fill a strategic need, improve existing practice areas, and grow geographically.
Do you fit this profile?
As lateral partner moves continue to increase, maybe it is the time for you to consider your options. Gillman Strategic Group can help. We specialize in helping partners with established business find the perfect fit at law firms. Please feel free to set up a call to discuss whether it’s possible to find a better fit for you and your clients.