Big Law Grapples with Budget Constraints Amid Surge in Lateral Hiring of Former Government Attorneys

The lateral hiring market in Big Law is increasingly favoring firms, creating a ‘buyer’s market’ especially as an influx of government attorneys transitions into the private sector. Firms are keen to recruit candidates with strong public sector backgrounds, yet many are struggling to justify new hires as they face budget constraints. Recruiters are reporting a sentiment among law firms of wanting to capitalize on opportunities to hire talent but facing hurdles in making the business case for such moves. For more detailed insights, visit The American Lawyer.