A recent report reveals that associates with 5 or more years of experience in corporate transactional law or corporate litigation are in high demand at most top firms. Attorneys with backgrounds in compliance and regulatory issues, litigation, intellectual property and real estate are also prime targets for lateral recruiting. An increase in competition in lateral hiring also means increased pay for junior and senior associates (as we have seen over the past two months). A little over half of the firms surveyed for this report expect to increase their numbers this year, particularly in the areas of ethics and corporate governance, litigation and intellectual property.
Source: www.nylawyer.com