June 2020: Edwards Gibson report quoted in ‘Financial Times’ article ‘Law firms cut back on hiring to ride out pandemic’
The Financial Times recently (4th June 2020) published an article titled ‘Law firms cut back on hiring to ride out pandemic’. It explores the impact of the COVID-19 pandemic on the legal recruitment market. The article is based on Edwards Gibson’s March-April 2020 Partner Moves edition and highlights the recent downturn in lateral recruitment
‘According to a report from London-based recruitment business Edwards Gibson, partner moves fell by almost 30 per cent in the month covering March-April when compared with the same point last year. This put lateral recruitment — luring lawyers from rival firms — at its second-slowest rate in the past 10 years. Edwards Gibson said the numbers were nearly a quarter lower than the statistical average for the past five years, according to figures it collates every month.’
Read the article here (subscription required).