"How's the market looking these days?"
I get asked this a 𝘭𝘰𝘵. And while it's a good question, it's a loaded question. My response? "Let's get more specific".
IMO, even "the legal job market" still isn't specific enough. So here are a few recent observations on in-house legal hiring activity within sub-verticals of "the market":
1️⃣ HealthTech 😷: The need for legal at pre-IPO digital health orgs is slowly (yet surely) reviving. More 1st & 2nd legal hire roles have come across my team's desk in the last 6 weeks than in the whole 6 months prior.
2️⃣ Biotech/Pharma💊: 𝘊𝘰𝘮𝘱𝘭𝘦𝘵𝘦𝘭𝘺 varies depending on size/stage. The big players are verrryyy steadily hiring for both newly created & backfill positions. The smaller ones, though... probably the least legal hiring activity of these 4 subsects. But for those that are - strong demand for generalists (specifically with clinical/commercial contracts & FDA reg experience), vs 2021's corporate/securities skillset demand.
3️⃣ Traditional Healthcare 🏥 : Value based care orgs have been doing the most hiring. As such, been seeing a huge uptick in demand for commercial attorneys with VBC-specific contract experience.
4️⃣ Med Device💉: Of the 3 big life sciences subsects, Med Device has been the most stable. Not seeing a ton of high level GC type roles, but a very consistent flow of 3-10 years commercial & corporate focused roles. Some compliance, too.
I'm a huge fan of talking specifics (clearly), so if there's any area you're interested in discussing further, reach out and let's chat!
Program Manager- Automation, Autonomy, & Artificial Intelligence
1moInteresting position for my network