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Based on the most helpful WSO content, the lateral market for associates has been challenging recently, with reports of headcount reductions and limited roles available. Discussions from late 2022 and early 2023 suggest that the market has been tight, with many professionals finding it difficult to make lateral moves, especially to top-tier firms. However, there is some hope for improvement in the coming months, as markets stabilize and hiring potentially picks up.

If you're targeting a lateral move, it's crucial to stay prepared by networking actively and ensuring your technical skills are sharp. Keep an eye on opportunities through headhunters and firm-specific openings, as the market can shift quickly.

Sources: Lateralling Job Market, What is your opinion where we are in the cycle and how is your firm preparing for the next 12-18 months?, Predictions for IB business for 22-23, Future of Equity Research - 12+ Months into MIFID II, Lateral Market for Late 2022/Early 2023

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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