While the revolving door remains active, law firm hiring of government talent has cooled off in recent months after a flurry of Big Law hires in late 2021 into 2022, as economic uncertainty has forced firms to tighten their purses.
There was a noticeable slowdown in the number of moves from U.S. attorney’s offices to law firms, with 14 attorneys leaving between October to April of this year, compared with the 43 attorneys who left in a similar period in 2021-22, according to the data from Leopard Solutions.
The number of tracked hires from the SEC and Justice Department, outside of the U.S. attorney’s offices, to law firms was also down slightly between October to April compared with the prior period in 2021-22.
Source: Big Law Turns to Government Talent for White-Collar Defense, National Security Practices | Law.com