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McGuireWoods office in Washington, D.C. McGuireWoods office in Washington, D.C. (Photo: Diego M. Radzinschi/ALM)

Lateral hiring remains hit or miss due to the coronavirus pandemic, but a slew of government hires points to an increased appetite at big firms for lawyers in the white-collar crime and investigations space, brought on in part by federal stimulus packages.

“It’s not just supply and demand. Even if it’s a slow hiring market, there is always a market for a really high-quality white-collar partner, because there are so few of them,” said Melinda Wallman, a London-based partner at legal recruiting boutique Macrae who helped author a July report on increasing demand in the practice space.

“We have noticed and are anticipating a shift in demand on white-collar work for a mix of reasons,” Patty Morrissy, Macrae’s managing director, said. “There’s been a lack of enforcement under the Trump administration, so in the last few years there have been more lawyers in the space than demand. But the upcoming election will have a big impact in the space if Trump isn’t reelected.”

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Samantha Stokes

Samantha Stokes, based in New York, is a staff reporter at American Lawyer covering the business of law. You can reach her at [email protected] or on Twitter: @stokessamanthaj.

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