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Lateral Hiring Market Continued to Soften in 2023


Lateral Hiring Market Continued to Soften in 2023 - NALP

Based on aggregate hiring information of 4,444 lateral lawyers in 2023, the total volume of hiring declined by 35% compared with 2022 in these ...

NALP Research: Entry-level and Lateral Hiring

Lateral Hiring Market Continued to Soften in 2023 — The lateral hiring market showed continued signs of a course correction in 2023, with lateral lawyer hiring ...

All You Need to Know About the Lateral Hiring Market in 2023

Placement professionals from around the country highlight what lateral talent wants, who is hiring, what practices are hot, who is getting ...

Lateral Attorney Hiring in a Softening Economy: Diverging Trends ...

As we enter 2023, depending on the length of the economic slowdown and whether inflationary pressures subside, we would ideally see a continuation of current ...

Lateral Attorney Hiring Trends in 2023: Adapting to a Shifting Economy

Trends in the Lateral Attorney Hiring Market in 2023 · General State of the Economy and Law Firm Financial Stability · Busy Associate Hiring Practice Areas.

Lateral Hiring Softens In Q3 As Partner Moves Slow - Law360 Pulse

After a brief period of stability in the second quarter, lateral recruitment at law firms has softened once more in the third quarter of ...

Market Uncertainties Didn't Slow Down Lateral Partner Moves in ...

1, 2021, through Sept. 30, 2022—compared with 3,066 partner hires in fiscal year 2021, according to data from Law.com Compass. This is an 18.5% ...

Law Firm Hiring Plummets 35% Amid Layoffs, Slow Demand

Lateral hiring fell by 35% across all lawyer ranks over the ... 2023 REGIONAL MARKET FOR NEWLY QUALIFIED SOLICITORS. Jason Nottage 1y ...

Drawing a Comparison Between the Current Lateral Market and the ...

This projection follows a remarkable surge in lateral hiring observed in 2021 and 2022. However, the study's year-end findings for 2023 indicate ...

Workers' grip is slipping, despite job market's resilience

The downward trend in hiring that we witnessed over the past several months has begun to stabilize. In May 2023, hiring in the United States ...

The 2024 State of the Lateral Law Firm Legal Market

BCG Attorney Search proudly presents our 2024 State of the Law Firm Lateral Hiring Market. In 2023, we reached a significant milestone, having worked with ...

JOLTS data shows continued softening but still robust labour market

Conversely, the hiring rate, whose recent decline had been a sign of a stiffening labour market, ticked up in September to 3.5 per cent from 3.4 ...

A Tale of Two Job Markets 2023—and a 2024 Outlook

The US labor market added nearly 2.7 million jobs in 2023. · Excluding pandemic-related fluctuations, 2023 marked the most robust year for job ...

Law Firms' Lateral Hiring Hits Lowest Level in Over a Decade

The market for lateral Associates was especially weak in 2023, with hires declining nearly 43%, after falling 20% in 2022. While lateral ...

Recruiters Brace for a Challenging Year Ahead - SHRM

Talent acquisition professionals are staring a possible economic recession in the face as 2023 advances, causing some to consider pulling ...

Fewer openings, harder to get hired: U.S. labor market likely softer ...

Yet the unemployment rate is unequivocally on the rise, from a historic low of 3.4 percent in 2023 to 4.3 percent in July 2024. At the same time ...

Resilient labor market reduces 2024 rate cut expectations

Separate data out Thursday from the Department of Labor showed initial jobless and ongoing unemployment claims both fell to close out 2023. A ...

December 2023 Jobs Report: 216,000 Jobs Added, Higher Than ...

The U.S. labor market added 216,000 jobs in December, outpacing economists' expectations and higher than November's gain of 173,000, closing out ...

April 2023 US Labor Market Update: While Still High, Confidence is ...

While job postings remain elevated, they are moderating, with both total postings down and new postings down from a month prior as of April 21, ...

The Changing Paradigm of Lateral Attorney Hiring | Thomson Reuters

While lateral hiring slowed in 2023, 2022 saw nearly 1,400 partners finding ... As the legal landscape continues to transform, law firms are strategically ...