The Biglaw Lateral Market Is On FIRE Right Now
“In an effort to capture this sought-after talent, Biglaw firms are pulling out all the stops. We’re talking big signing bonuses for associates (Above the Law has anecdotally heard they’ve hit six figures), same-day offers, and the opportunity to work remotely with no set date for return to in-person work (Goodwin Procter is even willing to hire associates on a permanent remote basis).” reports Kathryn Rubino in Above the Law’s Biglaw.
“So where is this associate battle taking place? According to data by Decipher, a competitive intelligence firm, lateral movement in the most active 10 markets is up double digits in the first two months of 2021 compared to the four-year average.”