The market for lateral partners and senior associates during 2010 has been described as anemic, clogged and even paralyzed. The combination of an excess of experienced attorneys still seeking a change and risk-averse firms still smarting from the recent recession means the pace of lateral hires is not likely to reverse course any time soon. Nonetheless, for firms willing to look hard and perform their due diligence, opportunities exist.

This is a buyer’s market for those prepared to be bold and creative.

The Supply Problem