Some of our long term clients (10 year plus relationships) and some new (less than two years) - have engaged Esquire on a handful of high priority partner searches. In some cases we are looking for practice groups. In a few cases, our clients have engaged us to handle law firm merger and acquisition discussions in opening new offices. The bottom line: the market is fluid, but certainly more robust than the last several years. Law firms have deeper pockets and a much greater interest in bringing partners into the fold. In addition, hiring decisions are made much more quickly and the "analysis-paralysis" mind-set has diminished considerably.
Partners are commanding larger compensation packages.
Partner practices are rebounding, books are growing and their market value is increasing. In addition, increased competition for lateral partners - especially those with a practice is enhancing their market value and ability to command higher salaries. We have compelling recent examples which verify this. Bottom-line: More options, greater compensation, new opportunities to leveraging ones practice, expanded platforms and a clear set of options.
Many new and exciting opportunities!
The business environment is clearly on an upswing. Pent up demand has accelerated law firms filling key partner positions. Decision-makers who have delayed hiring decisions the last few years are moving much more quickly and making outstanding offers. Law firms are expanding strategically, geographically and opening new offices requiring core groups. We have been retained on some of the top positions with law firms whom we have been working with for more than a decade.
Southern and Northern California: Intellectual property (2-10 years); corporate associates - securities/M&A (3 to 9 years); business litigation and employment litigation (3 - 7 years)
We have several associate openings in intellectual property throughout California (2-10 years). We are also looking for Of Counsel candidates.