Holiday weeks are traditionally slow for news. So with both Labor Day and Rosh Hashanah landing on the calendar last week, The Am Law Daily was surprised by a deluge of press releases from law firms touting new partner hires. In a typical week, we receive about 20 such announcements at [email protected]. Last week we got close to 40.
Not a very scientific way to gauge lateral hiring volume, we know. But when we called a half-dozen legal recruiters to test our hunch that lateral hiring is taking off, all of them told us that there has been indeed been an uptick in lateral moves over the same time period last year. And last year already set records for lateral activity, according to The American Lawyer’s 2010 Lateral Report.
