Sarah Morris of legal recruiter Lateral Link LLC said there has even been a slight increase in hiring in these booming practice areas.
“There’s been a huge increase in need for real estate attorneys, both transactional and on the regulatory side,” Morris said. “There has definitely been a good number of land use and regulatory openings that I hadn’t seen in the past two or three years.”
Michael Allen, managing principal at Lateral Link Group LLC, said that many partners should be more disciplined about their financial due diligence but cautioned against enquiries that go too far afield of a partner's individual capital stake in the partnership.
"A lot of partners should be doing more than they are, but those kinds of questions ... aren't going to be well- received," he said.