It’s a great thing when you spin the Wheel of Fortune and your lucky number comes up. This is exactly the position that qualified mid-level associates find themselves in today now that animal spirits are percolating once again in the legal market.

As we discussed in part 2 of our recently published Lateral Hiring Report – market conditions for mid-level associates have never been more favorable than they are right now due to a dearth of qualified candidates with requisite Big Law firm experience. You can literally write your ticket to any one of a number of destinations, and take your pick from a broad range of interesting opportunities.
And one of the options you might want to consider is a ticket to London. A few of us from Kinney Recruiting spent some time there last month and we found that mid-level American associates are in very high demand among the ranks of the Magic Circle firms and beyond. So this week we wanted to share with you a few things we learned on our trip in case you’re interested in opting for a few years in London as your next prize of the spinning wheel. Contact one of our recruiters today if you’re interested in learning more.
- The high-yield debt practice in London is booming and this is a major source of demand for mid-level U.S. law associates. Many of the high-yield deals in London are done in compliance with U.S. law – specifically Rule 144A – so top tier U.K firms have a keen appetite for U.S trained associates with high-yield finance experience. There are also a number of opportunities with top tier U.S. firms who are active in the London high-yield market. This experience is highly relevant to the job world on both sides of the Atlantic, so it’s actually a great option for someone who thinks he/she may well want to return to the US eventually.




Since we know that lawyers (our target audience) are obsessed with seeing where they stand relative to their peers, it struck me as likely that the sponsorship would be valuable just from an “eyeballs” perspective. But nevertheless I was a little dubious at first about the value of such an undertaking. Is one more law firm ranking really necessary when we are already so well-endowed in this department by the American Lawyer and the National Law Journal, among others?