The candidate that ended up getting the offer is Class of 2012, at a small but well-respected plaintiff-side Labor & Employment firm on the West Side of LA, top 20 law school, has been with his current firm for more than four years and was previously a Legal Counsel for a company. Interestingly enough, the Partner was a lot more interested in the credentials and experience of the other attorney that expressed interest through me, but this other attorney took more than a week to respond back to me, saying that he was interested in speaking with the Partner, and by then the Partner was already in the final stages with the candidate that ended up getting the offer. This goes to show that in your lateral law firm search, it is important for you or your Recruiter to act quickly, and approve firms quickly. It can be helpful to jump on an opening as soon as it becomes available, so that you are one of the first resumes that the firm considers. In this case, the Partner had a strong sense of morality, and he did not feel right about backtracking with the candidate that ended up getting the offer at such a late stage in the process.
The candidate was offered a base of $200K, with a generous billable hours bonus structure and merit bonus on top of this (he was making around $175K total comp at his prior firm, so this was a very good offer for him). After working out the details of his benefits with the Partner, he accepted. From submission to offer acceptance, this placement took about two weeks.
This placement teaches us two important lessons: 1) if a firm really trusts a Recruiter, the firm will even tell the Recruiter which candidates to contact about a particular opening, and the candidate knows that if he or she decides to interview with the firm, he or she is much likelier to get the offer, as the firm has already vetted the resume, and 2) it can be helpful to approve firms or express interest in a firm quickly through a Recruiter, as firms like this one sometimes want to move very fast, and you may miss the boat, even if you only wait a week to respond. The age-old premise holds true here - if you snooze, you may lose in your lateral law firm search!