It’s a great thing when you spin the Wheel of Fortune and your lucky number comes up. This is exactly the position that qualified mid-level associates find themselves in today now that animal spirits are percolating once again in the legal market.
As we discussed in part 2 of our recently published Lateral Hiring Report – market conditions for mid-level associates have never been more favorable than they are right now due to a dearth of qualified candidates with requisite Big Law firm experience. You can literally write your ticket to any one of a number of destinations, and take your pick from a broad range of interesting opportunities.
And one of the options you might want to consider is a ticket to London. A few of us from Kinney Recruiting spent some time there last month and we found that mid-level American associates are in very high demand among the ranks of the Magic Circle firms and beyond. So this week we wanted to share with you a few things we learned on our trip in case you’re interested in opting for a few years in London as your next prize of the spinning wheel. Contact one of our recruiters today if you’re interested in learning more.
- The high-yield debt practice in London is booming and this is a major source of demand for mid-level U.S. law associates. Many of the high-yield deals in London are done in compliance with U.S. law – specifically Rule 144A – so top tier U.K firms have a keen appetite for U.S trained associates with high-yield finance experience. There are also a number of opportunities with top tier U.S. firms who are active in the London high-yield market. This experience is highly relevant to the job world on both sides of the Atlantic, so it’s actually a great option for someone who thinks he/she may well want to return to the US eventually.