The Financial Times recently (4th June 2020) published an article titled ‘Law firms cut back on hiring to ride out pandemic’. It explores the impact of the COVID-19 pandemic on the legal recruitment market. The article is based on Edwards Gibson’s March-April 2020 Partner Moves edition and highlights the recent downturn in lateral recruitment:
‘According to a report from London-based recruitment business Edwards Gibson, partner moves fell by almost 30 per cent in the month covering March-April when compared with the same point last year. This put lateral recruitment — luring lawyers from rival firms — at its second-slowest rate in the past 10 years. Edwards Gibson said the numbers were nearly a quarter lower than the statistical average for the past five years, according to figures it collates every month.’
Read the article here (subscription required).
