The Importance of Making Strategic Lateral Moves
Making a lateral move in your legal career is a serious matter. Whereas many industries are accustomed to high turnover and expect job applicants to have several moves on the resume, law firms remain committed to seeking out candidates who have demonstrated stability and good sense in their career development. Thus, one of the most common reasons we hear for law firms passing on potential candidates is that the candidate is perceived as having made too many moves or moves that do not make sense to the potential employer.
Geography: Many candidates eager to relocate are thrilled to receive an offer in their desired locale. In addition, depending on the target market, the candidate may be fortunate to receive such an offer at all if s/he is not a member of the bar in the new region or if s/he is coming from a firm that is not well-known in the new region. Thus, there are definitely circumstances in which geography alone is a huge consideration in whether to accept an offer.Avoid Common Pitfalls
Salary: As the 2007 salary wars continue, some associates are finding increasingly widening gaps between their present firm and other firms in their market. Although salary alone does not tend to be the reason for making a job move, it is starting to factor into candidate's decision making. Similarly, many candidates are asking more questions about bonuses and whether the recent increase in salaries have resulted in changes to the bonuses and/or bonus structures. Although it may be too soon to tell what effect recent salary increases will have and whether we have seen the last of the changes, it is definitely a factor to consider when deciding on an offer.
Level of Responsibility: A common concern among mid-level associates is the desire to assume significant responsibility in their cases. When evaluating an offer, it is helpful to think back to the interview process-specifically interviews with associates at the same level-to determine whether the new opportunity offers an increased level of responsibility. If this was, indeed, one of the candidate's original motivating factors for seeking a new position and s/he was not able to fully assess this factor during the interview process, it is worth taking the time to place follow up calls to associates at the potential new firm.
Practice Area/Focus: Making a complete practice area change is very difficult in today's market. However, many times, associates seek an opportunity to gain more experience in a specific area within their current practice area. For example, attorneys who practice employment litigation may seek the opportunity to also engage in the counseling/preventative aspect of employment law. Another example is the litigator who seeks the opportunity to gain meaningful trial experience. As this is one of the most compelling reasons for making a job move, it is crucial that all offers be explored in terms of the real opportunity to engage in the type of practice desired by the candidate.
Practice Group/Firm Dynamics: The classic example of making a change due to practice group/law firm dynamics involves a situation in which an associate is simply not getting along with someone in their group. However, there are more subtle examples of how group dynamics can influence a person's decision to accept or reject an offer. For example, some practice groups are larger than others and associates may find that they learn more from larger groups where attorneys are likely to have differing styles in their practice. Similarly, in the transactional arena specifically, there are many firms looking to add mid-level associates that are scare due to previous economic downturns. As a result, we are seeing more and more junior associates looking to make a move to a group that does have solid mid-level associates from whom they can learn.
Long-term Viability of the Position: Here, the key question is whether the firm extending the offer is one in which the candidate truly sees him/herself being successful in the long term. Candidates leave current firms when they are concerned that the firm and/or their group within the firm might be imploding. Or, they realize that establishing a book of business will be nearly impossible at their current firm and seek an opportunity with a more realistic opportunity to begin to establish and/or further develop their own book of business.
"Different" does not mean betterFinal Thoughts
Sometimes, candidates are so frustrated by their current job situation that they jump at the first possible opportunity without evaluating the merits of the position and whether it is a position that will address their concerns. In such a scenario, the candidate is focusing on the fact that the potential job offers something "different" than their current position. However, "different" does not necessarily mean "better". One common example of this pitfall is the candidate who sees small firms/boutique and/or in-house as an alternative to working at a large law firm. Many times, these candidates are surprised to discover that although smaller firms and in-house opportunities offer "different" environments than many large firms, they are not necessarily better. Thus, rather than focusing solely on searching for a "different" opportunity, candidates should take the time to identify the exact concerns they have with their current position and focus on searching for opportunities that address those concerns rather than simply focusing on searching for something "different".
Don't focus on the number of offers
Going back to one of the major differences between lateral job searches and law school job searches, lateral candidates are less likely to have multiple offers. I have seen many instances in which a candidate hesitates to accept an offer simply because it is the only offer received. Similarly, I have seen instances in which deciding not to accept an offer simply because it is the "only" offer would have been a huge big mistake. Thus, in a lateral job search, candidates should resist the temptation to focus on the number of offers and should instead evaluate each opportunity in terms of whether it is a good fit.
AGREE/DISAGREE? SHARE COMMENTS ANONYMOUSLY! We Want to Hear Your Thoughts! Tell Us What You Think!!