Category Archives: California Legal Market

California Economy 2012: Turning the Corner?

To understand California’s legal market, we must understand the economy as a whole. California's economy is the ninth largest in the world, compared with other countries.  As of 2010, the gross state product (GSP) was about $1.9 trillion, comprising 13% of the national gross domestic product (GDP).  But California was hard-hit by the Great Recession…
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Fourth Quarter 2010 Lateral Market Update

Lateral attorney hiring remained slow in early 2010 but definitely picked up in the second half of the year, particularly regarding associates.  The demand for partners with significant business remained constant.  However, hiring firms are scrutinizing potential portable business more intensely. The most active practice areas for lateral partner movement were, in descending order, IP,…
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Spring/Summer 2010 California Lateral Update

As we move into summer, law firms continue to seek partners with multi-million dollar books of portable business and there is a slight thaw in law firm associate hiring, but we have a long way to go before there is a return to a robust lateral market at any level of seniority.  Law firm downsizing…
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Glimmers of Hope: Summer 2009

There is no doubt that the first half of 2009 has been one of the bleakest periods the legal marketplace has seen.  Lawyers at all levels of seniority have been laid off, partners have been de-equitized, new associates have had their start dates deferred and offers rescinded, and summer associates have seen their programs cut…
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