As you surely know by now, the lateral market has been exceptionally hot in 2021. But one side effect of the rapidly shifting market has been a cascade of misleading rumors.
A common career path is to graduate from law school, spend a few years practicing at a firm, and then take a job as an in-house counsel. But in 2021 an exceptional year for the legal industry in many respects a novel trend is emerging.
Despite the general understanding that conflicts are an important factor, many law firms wait until the end of the lateral process to run conflicts, even when the candidate is a partner.
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