Eight-Figure Outliers Aside, These Lateral Candidates Face a ‘Buyer’s Market’ in Big Law

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By Abigail Adcox

CenterPeak's Jeff Lowe reveals the harsh truth behind today's lateral market: "The overwhelming number of candidates — they don't want to jump too quickly on any one candidate because there might be others right behind them that they might be more interested in." While eight-figure superstars still command premium packages, most government attorneys are discovering "slightly lower offers than they might have in a traditional environment." The silver lining? More compensation guarantees are appearing as candidates demand security.

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