California Market Update: Plentiful Office Openings, Strong Associate Demand - Above the Law

Demand for associate and counsel hires was red hot in 2021 and remains strong now, with both the new entrants and hometown California firms hunting for lateral talent.Some California lawyers have of course taken the opportunity to relocate in the pandemic-induced reshuffling. Markets likeand Salt Lake City have grown impressively, attracting both major firms and California-trained attorneys.

Debevoise has plenty of company sensing opportunities in California. Fellow New York firm Paul, Weiss joined Debevoise in San Francisco, while Cleary Gottlieb set up shop in both San Francisco and Silicon Valley. Two Magic Circle firms arrived in the Bay Area, with Freshfields opening a Silicon Valley office and Allen & Overy setting up three California locations in the space of a year: Los Angeles, San Francisco, and Silicon Valley.

Geographically, demand is fairly balanced between the Bay Area and Southern California. Specifically, there are currently around 900 associate and counsel openings in each of those regions. Firms have this year taken the opportunity to rebuild their summer associate programs after two summers of scaled-down programs. Many firms are hosting their largest summer classes ever, and almost all are having in-person summer associate programs.

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