Dragged down by overcapacity, some firms continue to trim the associate ranks. But many still plan to pull in more junior lawyers because no one wants to end up with a hole in their ranks when the next deal boom comes along.
March 31, 2023 at 02:00 PM
6 minute read
The original version of this story was published on The Recorder
Law firms are navigating a talent tug-of-war.
Dragged down by overcapacity, some firms continue to trim the associate ranks. On the other hand, others plan to pull in more junior lawyers—particularly those coming out of law school—because no one wants to end up with a hole in their ranks when the next deal boom comes along. Meanwhile, partner hiring remains strategic and steady.
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