Want to get this daily news briefing by email? Here’s the sign-up.


GOING PLACES - It’s 6 a.m.—do you know where your data privacy, corporate and insurance associates are? In a cutthroat talent market where rival firms are doing everything but plucking young lawyers off the street and whisking them away in unmarked vans, retention efforts have arguably never been more important. And, as Law.com’s Patrick Smith reports, associates in the three aforementioned practice areas are among the hottest commodities right now—so hold on tight. According to data provided by legal data company Decipher, associates in data privacy are moving at a rate of 118% above the four-year first half average—the biggest jump in activity of any practice area. Corporate associates have seen a 78% increase in movement over the four-year average. And insurance associates are experiencing a 72% increase in hiring compared to the previous four years. What’s more, there’s no slowdown in sight. “We are seeing the most demand for M&A associates, and I haven’t seen a significant slowdown, even into summer,” said Stephanie Biderman, a partner in Major Lindsey & Africa’s associate practice group. “We can also expect to see another uptick in the fourth quarter as firms prepare for 2022.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]