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Update on Down Lateral Prawfs Market

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6 Responses

  1. Lawrence Cunningham says:

    Further Update: FL figures through March 5 show lateral moves of 32 prawfs in recruiting by 24 schools.

  2. Lawrence Cunningham says:

    Further Update: FL figures through March 6 show lateral moves of 36 prawfs in recruiting by 27 schools.

  3. Lawrence Cunningham says:

    Leiter Law Reports, which focuses counts only lateral law professor moves with tenure, indicates a total of 19 beginning with the 2013 academic year (as of March 2013) compared with 50 beginning with the 2012 academic year.

  4. Christine Hurt says:

    Larry, do you think that the decrease is mainly a buy-side contraction? Is it possible that folks are risk-averse about moving? I know in the past few years, moving might entail selling a house in a down market (or not selling it), possibly leaving unvested retirement monies on the table, forcing a spouse to leave a job and find another one in a bad market, etc. Is it more costly to move this days? Or, do you think that in the past, hiring schools were more generous about making up costs (lost sabbaticals, retirement monies, tuition benefits), but just can’t justify it anymore? Lots of interesting things to think about.

  5. Lawrence Cunningham says:

    Chrstine: Excellent points. Many prospective lateral recruits are declining opportunities at various stages until the uncertainty, which is a cost that cannot exactly be compensated for, clears up.

  6. Lawrence Cunningham says:

    Further Update: FL figures through April 20 show lateral moves of 56 prawfs in recruiting by 41 schools.

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