With unemployment at a record low, it’s more challenging than ever for law firms to find and hire lateral attorneys. In this red-hot Texas market, job seekers need to be enticed to leave their current jobs. We’ve found most of the on-point candidates are ones we've “headhunted”. Sometimes they are passively in the job market, keeping an eye on job boards or checking-in with us periodically to “test the waters”. Often, we are starting from scratch.
While working with legal professionals looking for a new job, compensation is of course one of the primary things we discuss. Unless you’re a lawyer working for a big AmLaw firm with stair-step salaries, it’s important to do your homework and have all the facts before you accept an offer, or a counteroffer is made. Maybe they did “hit you with their best shot”, putting significant thought and consideration into your offer. If you’re working with a recruiter, they should be able to offer insight into their client about “wiggle room” in the budget, additional equity or that available corner office. But, before you accept or a potential insult is delivered and a counteroffer ill received, know the facts.