Lawyer Moves Through Q3 Drop for Second Year in a Row, but Still Outpace Pre-Pandemic Norms
Recruiters say it's unlikely that the high-water mark of 2021 will be surpassed any time soon.
October 16, 2023 at 01:39 PM
4 minute read
The original version of this story was published on The American Lawyer
Lateral attorney moves in the first three quarters of 2023 have fallen for the second year in a row, though the volume of lawyer moves continues to significantly outpace 2020 and the years leading up to the pandemic, two recent surveys of the legal hiring market show.
While the frequency of lawyer moves in 2023 has significantly outpaced 2019 and 2020, the heights of 2021 and 2022 remain unmatched. That goes for both partner hiring and lawyer moves more broadly, according to studies by legal recruiter Macrae and hiring due-diligence provider Decipher.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllFew Atlanta-Centric Law Firms Expected to Pay Associate Bonuses at Market Scale
5 minute readTroutman, Womble Bond Mergers This Year Created New Am Law 100 Firms
5 minute readLaw Firms Are In a Strong Spot, But Their Continued 'Growth Mindset' Comes With Challenges
5 minute readFrom Roadblock to Opportunity: Rethinking Client Conflict Processes in Lateral Partner Recruiting
8 minute readLaw Firms Mentioned
Trending Stories
- 1Consumer Protection Suit Cleared to Go Forward Against Irritating Eye Serum
- 2COVID-19 Was Still Relevant in Securities Class Actions During 2024, Report Says
- 3After Botched Landing of United Airlines Boeing 767, Unlikely Plaintiff Sues Carrier
- 4DOT Moves to Roll Back Emissions Rules, Eliminate DEI Programs
- 5No Injury: Despite Proven Claims, Antitrust Suit Fails
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250