By Stephanie Ruiter (April 29, 2022, 2:36 PM EDT) — After the exceptionally strong lateral market of 2021, we might have expected some moderation this year.
But despite the headwinds of war in Ukraine and Federal Reserve tightening, demand for lateral associates remains robust. Corporate practices in particular have more than enough work to go around and are strongly motivated to hire.
In the face of persistent supply constraints, many firms continue to offer sizable signing bonuses.
On one level, that’s obviously great for lateral candidates: Nobody is going to complain about extra money. But as a lateral recruiter, I often see candidates let large signing bonuses cloud their judgment….