| The legal job market remains extremely strong, with
both lateral and entry-level hiring showing significant increases according to
Employing Associates in 1998: Patterns & Practices, a new publication
from the National Association for Law Placement (NALP).
Lateral hiring at law firms nationwide increased by 26.4% from 1996 to 1997,
a sizable jump over the 9.5% increase in lateral hiring poasted between 1995 and
1996. Firms of 251+ attorneys are leading this trend with an increase of
one-third. Entry-level hiring is also increasing steadily, with a 15.8% increase
from 1997 to 1998 which follows a 14.6% increase over the previous year. In
addition, 31.2% of the responding employers reported a more than 50% increase in
entry-level hiring in the past year; 38% of employers reported a more than 50%
increase in lateral hiring.
Using information drawn from the two most recent editions of the National
Directory of Legal Employers, published by NALP and Harcourt Brace,
Employing Associates in 1998: Patterns & Practices provides expansive
documentation of the hiring of entry-level associates, summer associates, and
laterals at about 900 law offices, representing 530 major law firms nationwide.
NALP's unique access to such broad coverage over time makes Patterns &
Practices the premier source for valuable perspectives on hiring at the
national, state, regional, and city level.
Although the increases in associate hiring were nationwide, distinct regional
differences emerged. The change in lateral hiring ranged from a low of 19.6% in
the West/Rocky Mountain region to a high of 32.5% in the Midwest. In comparison,
increases in entry-level hiring ranged from 14.1% in the Midwest to 19.5% in the
Southeast. Specific cities and states also revealed various patterns. Tampa, for
instance, showed a 48% increase in entry-level hiring; in contrast, Miami
offices hired 8% fewer entry-level associates. Offices in other parts of Florida
mirrored those in Tampa. Other areas are reversing law year's trends -- Chicago,
for example, posted a 20.3% increase in entry-level hiring for 1997-98 after an
almost flat year in 1996-97, while Cleveland posted a 4.1% decrease in
entry-level hiring this year as compared with a 14.1% increase in the preceding
year.
Other findings include:
- Overall, 89.9% of second-year summer associates who were considered for an
offer received an offer of permanent employment. This was less common in firms
of 100 or fewer attorneys (80.8%) and nearly university in firms of 251+
attorneys (92.8%). Practices also varied by city and state. For example, in most
areas at least 80% of second-year summer associates received offers, but the
figure was about 59% in Austin and 68% in Miami.
- The largets firms employ the most associates per partner, leveraging with
1.35 associates per partner, compared with just 0.73 associates per partner in
firms of 100 or fewer.
- Among the 579 offices reporting information on standards for
minimum billable hours, requirements for associates ranged from 1,300 hours to
2,160 hours. The most frequently reported minimums were 1,800 (30.2% of offices)
and 1,900 (29.5% of offices). Although one-fifth of New York City firms set
2,000 hours as a minimum, the percentage was as high or higher in other cities,
including Dallas, Houston, and Chicago. Requirements were high in Atlanta as
well, where half of the offices set 1,900 hours as the minimum. The majority of
offices in Boston and Seattle, in contrast, required 1,800 billable hours.
- Of the offices reporting actual average associate billable hours,
18.5% reported an average of fewer than 1,800 billable hours, and 22.3% reported
an average of more than 1,950 billable hours.
In addition to documenting broad nationwide and regional hiring trends, the
107-page report presents detailed information for 22 cities and 13 states
including:
Cities: Altanta, Austin, Baltimore, Boston, Chicago,
Cleveland, Columbus, Dallas, Denver, Houston, Los Angeles, Miami, Minneapolis,
New York, Philadelphia, Phoenix, Portland, San Diego, San Francisco, Seattle,
Tampa and Washington, D.C.
States: California (outside of Los
Angeles, San Diego, and San Francisco), Connecticut, Florida (outside of Miami
and Tampa), Michigan, Missouri, New Jersey, New York (outside of New York City),
North Carolina, Ohio (outside of Cleveland and Columbus), Pennsylvania (outside
of Philadelphia), Texas (outside of Austin, Dallas, and Houston), Virginia, and
Wisconsin.
|