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WHAT WE’RE WATCHING

UNICORN HUNTING – This is far from an ideal environment for lateral hiring, but if you’re a partner whose practice happens to fall into one of a handful of coveted categories, you may find yourself in demand like never before. David Thomas reports that law firms with the stomach to hire at all are in the market for proven winners—individual lawyers or groups that have high profiles or are known rainmakers, according to several legal recruiters. In most cases, that means firms are looking for what Keith Wetmore, managing director of Major, Lindsey & Africa’s San Francisco office, calls “COVID unicorns”—partners with practices in either bankruptcy and restructuring or in health care.

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