The start of 2014 has seen dozens of moves between firms, but not everyone is heading
to a larger law firm, writes Taylor Root’s Leuaina Andrews.
When speaking with lawyers who are thinking of a career change, large firms and global practices are often the first employers that come to mind when considering an opportunity with excellent work, training and top-of-the-market salaries.
However, the top end of town is not your only option and opportunities found in a well picked boutique or mid-sized firm should not be overlooked. There is no doubt the legal market has changed with the entry of global firms in recent years and in a client driven environment with pressure to keep costs down, boutique and mid-sized firms have fared well by providing a competitive offering to large firm clients. This is also reflected in the number of partners who have since moved their practices to smaller firms to accommodate client needs, or have split away from a large established firm to focus on a niche practice.
Depending on the type of role you are looking for, the opportunities are plentiful in smaller practices. Employment in a mid-sized or boutique firms presents a unique set of advantages that make it a real alternative to working in a larger law firm.
- Lawyers can operate with greater responsibility on matters than their counterparts in larger practices.
- There is a greater level of flexibility in smaller practices and healthy approach to work/life balance.
- Working in a smaller practice gives you the opportunity to be more visible, providing recognition for your efforts.
- Some boutique and mid-sized practices will pay very competitive salaries to secure top hardworking talent from larger law firms.
The recruitment market is improving with several vacancies in boutique and mid-sized firms. Think about what you want from your career and the type of environment that works for you. If you can get all the benefits of a larger firm in a boutique or mid-sized practice in addition to flexibility and collegiate team culture, why not consider it?
Copy supplied by Taylor Root. For more information visit: www.taylorroot.com