So here we are at the beginning of 2022 and it looks a lot like 2021. The legal job market is still, how can I put this nicely, intense. Here are a few thoughts on the current legal job market:
• Compensation moves in 2021 seem to have had little effect on bonuses, which seem to have been strong at many firms.
• COVID’s latest wave is playing havoc with many firms’ return-to-office plans. Attorneys who are doing the best have found a way to make working from home productive.
• Attorneys with books of business, even modest books, are getting more interest from firms. From what we’ve seen, clients are not pushing back on attorneys when they make a move. It seems that both attorneys and clients are open to change in this tumultuous time.
• The need for transactional attorneys (especially M&A and commercial real estate lawyers) is still incredibly strong, but we are bullish on the market for litigation this year as the courts work to get back to some sense of normalcy and backlogged files start to work through the system.
All of this is adding up to a big year for attorneys to change employers. If you have ever thought about a change, now is a good time to explore the market. Sand Search offers confidential consultations on the legal job market. Feel free to give us a call without any pressure to make a move!