Texas Corporate and IP Legal Market Heats Up, Says BCG Attorney Search

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BCG Attorney Search, a US-based legal recruiting firm, is seeing robust demand among Texas law firms for attorneys in corporate, IP litigation, and IP prosecution.

BCG Attorney Search

BCG Attorney Search

A recruiter who can get the attention of key decision makers during the summer months can be your best ally during these months.

The Texas legal market has vastly improved, and several practice areas are showing robust demand, according to legal recruiting firm BCG Attorney Search. Law firms are currently hiring attorneys in corporate, IP prosecution, and IP litigation.

After noticeably more restrained hiring levels during the economic downturn, the Texas legal market is booming again. BCG Attorney Search recruiter Suzanne Howe, who oversees the Texas market, identified several practice areas that are showing growth.

“Our most ‘in-demand’ area is corporate transactions, with the strongest needs in mergers and acquisitions, though we also have securities needs as well,” said Ms. Howe. “Energy transactions are another area that is hot year after year. We also have significant needs in Intellectual Property for patent prosecution and IP litigation candidates, as well as IP transactions."

Within corporate, law firms are hiring primarily at the junior and mid-level. Because of the recent downturn in the economy and subsequent decline in corporate work, law firms are having difficulty meeting demand for transactional attorneys in the class years of 2009, 2010, and 2011. Transactional work dried up during those years, and many associates who would normally have practiced in corporate were placed into other practice groups - or worse, lost their jobs. This trend mirrors what occurred in other practice areas that were hit hard during the recession, such as real estate, which is now similarly seeing a dearth of mid-level attorneys.

Within IP, law firms are seeking candidates at all levels, and even occasionally law students, with backgrounds in Electrical Engineering, Computer Science, or Physics. For other technological disciplines, including life sciences like biology and chemistry, most of the IP need is for mid-level associates.

To a certain extent, demand in corporate and IP is a natural consequence of the type of businesses located in Texas. “For the corporate market, the enormous amount of corporations headquartered in Texas keeps the deal flow fairly constant, with much higher levels than a lot of other markets,” noted Ms. Howe. “I also believe the large numbers of technology companies headquartered in Texas contributes to our substantial IP needs. The filings within the Eastern District of Texas bring a lot of IP litigation flow through Texas.”

Unfortunately, the demand for corporate and IP attorneys comes just before the summer, a time when hiring typically slows down at law firms. During the summer months, the same law firm recruiters who spearhead the hiring process are preoccupied with running summer associate programs and preparing for fall recruitment. In addition, key partners often take vacations during these months, making it logistically more difficult to schedule interviews with all the necessary people. For these reasons, the use of a recruiter can be instrumental in a summer job search.

“Not to make light, but choosing an effective recruiter can go a long way,” said Ms. Howe. “A recruiter who can get the attention of key decision makers during the summer months can be your best ally during these months. It’s also important to have a fair amount of patience during the summer months, as everyone is waiting on everyone else who is tied up or out.While I find decisions take longer during the summer, I personally have never found that lateral hiring grinds to a halt.”

Ms. Howe also noted that candidates who begin their searches now will have that much more of an advantage over those who postpone their job search until after the summer. “A summer search can be tedious, but it’s also a great idea to start a search in the summer months as you will have a jump on everyone who starts their search in the fall."

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/

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Andrew Ostler
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