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.
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.
As legal recruiters, one of the most common questions we’re asked is “how’s the job market”? Translation: I’m thinking about changing jobs and want to get an idea of what my chances are. There’s no one-size-fits-all answer. The job market in Texas continues to boom and the cycle of in-demand practice areas is continually in flux. Yesterday it was apples and today it’s oranges. Tomorrow, who knows.
The 2019 National Association of Legal Search Consultants (NALSC) conference was held in Las Vegas this past weekend. The consensus was that it was one of the best conferences ever! The M Resort Spa & Casino was a terrific venue, the content of programs superb, the food and drink excellent, and participation high. Our own Jane Pollard joined the NALSC Board of Directors last year, and was elected as Secretary of the Board at the Town Hall Meeting. Congratulations Jane!
Today’s candidates need to be fine-tuned and savvy to land their next career opportunity. Job seekers must take the necessary steps and measures to make sure they are marketable. How should a candidate communicate, present a resume or answer recruiter inquiries? Based on what we’re hearing from hiring managers and the clients we represent, here are some suggestions that might help.
With the ease of making connections via social media and job postings reaching more people than ever before, many people ask if a recruiter’s fee remains a beneficial expense. Companies and law firms face mounting cost-containing pressures, and external recruiters are often a cost targeted for reduction. All employers agree that their most valuable resource is its employees and hiring the right – or the wrong – person is a decision critical to the bottom line. So the question becomes whether a recruiter can result in a better hire? Our clients say yes – when certain conditions exist.
In-House legal jobs continue to grow. One of the biggest trends we’re seeing are for Privacy & Data Security attorneys. While not a new focus, data security is a high priority for legal departments. With the new EU’s GDPR, corporations are raising their compliance bar.
Job seekers, employees and recruiters can get in touch with people of the same or similar background and extend their professional network with an aim to get noticed. Whether it’s Twitter, LinkedIn, or another platform, each one gives an opportunity to interact and grow your network.
Momentum is proud to announce that one of our principals and founders, Jane Pollard, was recently voted onto the board of directors for The National Association of Legal Search Consultants (NALSC). NALSC is a professional organization comprised of legal search consultants across the United States and Canada whose members agree to abide by the NALSC Code of Ethics®. NALSC also provides an educational forum for members and for the legal and business community, and allows NALSC members to learn and socialize together at its two conferences each year.
Momentum was a proud sponsor of the educational seminar and legal expo held this week at the Stephen F. Austin hotel by the Austin Chapter of the Association of Legal Administrators. Firm Administrators heard speakers on topics such as cybersecurity and privacy and compliance issues related to cybersecurity. This was the 19th annual conference held in Austin by the ALA, and presented a great opportunity for legal administrators to share ideas, network, and learn. The theme this year was Once Upon a Time, so of course Momentum recruiters went all out with the fairy-tale theme, complete with wings, wands, and fairy-tale dust.