The famous Greek philosopher Heraclitus was right. “The only constant in life is change.” The last 12 months have certainly reinforced that viewpoint on a grand scale. In addition to grappling with an ongoing pandemic, we have had the historical rarity of a presidential impeachment, a caustic election cycle, the rise to prominence of the #MeToo movement and any number of unusual weather events. Regardless of one’s opinions on these issues, it’s undeniable that we have all been forced to look at the world a little differently; and the legal profession has not escaped this reality. But has the lateral market really changed?

Recruiting and lateral movement certainly slowed a bit during the first couple months of the pandemic. It picked up again after a brief hiatus because the needs of law firms and the reasons why lawyers consider changing jobs have been accentuated—as opposed to being fundamentally altered—by recent events. The more disruption that occurs in the economy and wider culture, the more clients need good lawyers with a steady hand to help them through it. Law firms, as a result, need a stable full of good lawyers to provide service to those clients.

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