Law360 (April 20, 2021, 8:22 PM EDT) -- Law firms hired "dramatically fewer" associates in 2020, down nearly 50% from the year before, according to an attrition report released Tuesday by the NALP Foundation for Law Career Research and Education.
The NALP Foundation's Update on Associate Attrition report took in data from 126 participating American and Canadian law firms, which noted that the 2,772 associate attorneys hired in 2020 was down significantly from the 4,956 hired in 2019. And more were lateral hires than entry-level hires, according to a summary of the report.
"Overall, lateral associates represented 60% of all 2020 associate hires among participating firms, an increase from...
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