Compared to our Fall 2012 report, this time real estate in addition to litigation, is in strong demand according to our recruiters.
Pasadena, CA (PRWEB) January 11, 2013
Pasadena, CA, January 11, 2013 - BCG Attorney Search has released its "State of the Market Report for Winter 2012." This report includes recent trends in the legal sector and recruiting across the US.
CEO Harrison Barnes says that this time while IP has been able to retain its top spot as the most in-demand law practice specialty, real estate has also made a big comeback. “Compared to our Fall 2012 report, this time real estate in addition to litigation, is in strong demand according to our recruiters.” The firm covers the country into eight regions in addition to covering foreign markets in its latest report.
The highlights of the State of the Market Report Winter 2012 are:
1. Northern California - Intellectual property continues to remain the hottest practice area in California, especially in Silicon Valley. Patent prosecution hiring in San Francisco picked up considerably in the last half of 2012. The high demand for IP litigators and patent prosecutors means that candidates with a technical or scientific background and a registration with the USPTO are well-placed to take advantage of the market. Corporate attorneys are also in huge demand in Silicon Valley.
2. Southern California – Los Angeles, like the rest of the country, continues to have a need for general corporate associates and has had that need all year. The city also continues to see a demand for real estate attorneys. As the new year starts, BCG recruiters are expecting to see major hiring activity as associates have collected their bonuses and are looking for better options. The region also has a strong tech industry, and even in San Diego, the demand for IP and patent prosecutors remains strong.
3. Northwest – Firms in Seattle continue to prefer junior to mid-level patent prosecution attorneys and patent agents who have tech backgrounds. Advanced degrees are preferred but even undergraduate degrees in the relevant field are appreciated. Admission to the USPTO is typically required. There continues to be a reasonable number of litigation opportunities in the Seattle market. In Portland, after picking up in the summer, demand continues apace for litigation associates, as well as for litigation partners with portable business.
4. Southwest –The need for litigators is not quite as hot as it was last quarter but it is still the busiest practice in Phoenix. Several Phoenix firms are also seeking senior environmental attorneys with 8+ years of experience. The greatest need throughout the state of Nevada is for commercial litigators - mainly at the mid-level (2-5 years). In Colorado, firms are looking for partners with a minimum of $500,000 in portable business.
5. Midwest – The Minneapolis/St. Paul market is doing quite well. There is a strong demand for corporate and intellectual property positions for talented and experienced associates. The majority of the current positions in the corporate practice area are for candidates with 3 to 5 years of broad-based corporate experience, including M&A and securities. In Indianapolis, there has been an uptick in real estate and corporate positions for associates. In Ohio, demand is high for highly qualified partners with portable business. Chicago firms are receptive to income and equity partners with portable books of business. Chicago is also a good market for lawyers in the IP and patent prosecution fields.
6. Northeast - The Boston legal market has grown in the third quarter of 2012, and we anticipate that it will continue to grow in the first quarter of 2013. On the real estate side, Boston firms continue to look for top-level real estate associates, particularly those 2 to 5 years out of law school. In New York, many of the firms that are purportedly looking to add litigation associates to their New York offices are moving extremely slowly with their searches. The most notable trends in the D.C. market in the last quarter are an increased demand for the following types of attorneys: patent, regulatory, and investment management.
7. South – In Texas, the market has remained consistently strong for transactional areas. In fact, our corporate needs in particular in Texas have grown throughout the year. Partner movement remains high as many firms have fared better than others throughout the recession. Real estate attorneys are also in high demand. Candidates at the junior and mid-level are being sought across Texas. As a major hub for finance work, Charlotte, NC continues to have almost constant needs for junior to mid-level finance candidates with excellent credentials.
Read the complete STATE OF THE MARKET REPORT at BCG Attorney Search.
About BCG Attorney Search:
BCG Attorney Search is a premier recruiting firm for experienced attorneys in the United States. Since the year 2000, BCG Attorney Search has placed thousands of attorneys with employers who were the best fit for individual candidates, and helped law firms and companies with their recruitment efforts. The website of BCG Attorney Search is here http://www.bcgsearch.com/