The great corporate lawyer drought of 2006 continues. Word reaches The Lawyer that the extreme workloads are driving more and more junior lawyers to register with recruitment consultants for in-house work.
Hays Legal in-house consultant Sam Baker says: "We're absolutely swimming in people wanting to make the move to in-house work, more so than we've ever had before."
Well, she would say that, but private practice associates are fed up. 'Work-life balance' is the in-vogue phrase, but the fact that people don't like working 24-7 is hardly a revolutionary theory. Disillusionment with partnership prospects is also a major factor driving an increasing amount of associates towards in-house careers. The exodus is only going to make the private practice drought worse.
So, are we on the verge of a crisis? Or is it all just a warped ploy by the firms to raise their charge-out rates through the roof? Get the latest news and an irreverent commentary delivered to your desktop every Wednesday by subscribing to Lawyer News Weekly.