Credit: ankihoglund/Adobe Stock From Guaranteed Comp to Ethics Screens, How Big Law Navigates the Revolving Door
"When firms do a profitability projection, they factor in the hands-off period for the person's prior agency for a period of time," noted a legal recruiter.
October 29, 2024 at 04:41 PM
7 minute read
What You Need to Know
- Firms face several procedures and restrictions when hiring an attorney from the government.
- The length of time a former government attorney can't appear from their prior agency can vary. It's a consideration some firms may take into account when hiring.
- Firms also may have to approach compensating former government attorneys differently.
As the revolving door between the government and Big Law picks up pace this year, law firms are hiring a series of lawyers hailing from the same federal agencies they are litigating against in client matters.
To guard against ethical violations, law firms and laterals face several procedures and restrictions. From setting up ethics screens on some matters to ensuring laterals from the government aren't compensated for certain matters, these restrictions can add up when firms have several laterals from the government.
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