Temperature check on lateral recruiting as dust settles?

Based on the most helpful WSO content, lateral recruiting tends to pick up as firms assess their headcount needs and fill gaps left by departures or growth in specific groups. While the market can vary by region and firm, here are some key insights:

1. Firms Posting Again: It's common for lateral openings to emerge sporadically, often driven by immediate needs rather than structured cycles. Many of these roles may not even be posted online, as firms often rely on internal networks and referrals to fill positions.

2. Networking is Key: A significant number of lateral hires are secured through networking rather than online applications. Engaging with professionals at target firms, staying in touch with recruiters, and leveraging alumni networks can significantly improve your chances.

3. Interview Timelines: Lateral processes are typically shorter than entry-level recruiting. As noted in WSO threads, some processes can wrap up in as little as three weeks, moving quickly from initial screening to final rounds.

4. Market Conditions: While some firms may be cautious due to economic conditions or reduced deal flow, others, particularly in growing offices or groups, may actively seek lateral hires. For example, certain BBs and boutiques have been known to expand in key locations like New York or San Francisco.

If you're considering lateraling, now is a good time to start reaching out to your network, setting up alerts for job postings, and preparing for interviews. Keep in mind that many opportunities may not be publicly advertised, so proactive outreach is crucial.

Sources: Best Practices for Finding Lateral Opportunities, Which firms do lateral hires for entry-level positions now?, Guide to Lateraling in 2021, Lateralling Job Market, Q&A : Regional Office Recruiting