The 2026 Laterals Report offers a comprehensive examination of hiring patterns within the Am Law 200, revealing significant trends in the lateral hiring market and spotlighting notable moves among Big Law firms. The report, available on Law.com, draws on a full year’s worth of hiring data to illuminate these patterns.
The lateral market has seen substantial shifts, propelled by a combination of economic factors and strategic realignments within major legal firms. Organizations are increasingly leveraging lateral hires to bolster expertise in high-demand sectors such as technology and healthcare, aligning with broader trends of industry specialization and cross-border legal needs. This strategic alignment is not merely opportunistic; it reflects a calculated response to the evolving demands of their corporate clients.
High-profile lateral hires have demonstrated a clear preference for individuals with robust backgrounds in regulatory and compliance issues, especially in jurisdictions with rapidly changing legal frameworks. Such moves echo a growing emphasis on compliance and risk management, as corporations navigate an increasingly complex global landscape.
The report highlights significant hires that underscore this trend. Legal giants are particularly keen on acquiring partners with a proven track record in litigation and arbitration. This demand is likely influenced by the persistent rise in cross-border disputes and the need for firms to maintain competitive edges in these arenas.
Notably, the market’s competitive nature has also prompted firms to adopt more aggressive retention strategies, ensuring they remain attractive to top-tier legal talent. Offering flexible work arrangements, prioritizing diversity and inclusion, and integrating cutting-edge technology are some of the methods being used to retain and attract promising talent.
While the demand for skilled lateral hires continues to drive market dynamics, it is evident that environmental, social, and corporate governance (ESG) issues are also shaping hiring strategies. Firms are actively seeking experts in ESG-related legal matters to guide clients in adhering to stringent regulations and to capitalize on sustainable business practices.
The insights provided by the 2026 Laterals Report underscore a legal industry in transition, adapting to the demands of a rapidly changing world while remaining resilient in the face of economic uncertainties. For firms aiming to stay ahead, understanding and capitalizing on these trends will be key in securing a formidable presence in the future legal landscape.