The uncertainty surrounding U.S. tariffs has slowed deal activity and, consequently, the lateral moves market for Canadian corporate lawyers.
“There’s more tentativeness and reservations about adding in a market like this until it’s a little more certain as to what’s going to happen,” says Warren Bongard, President of ZSA Legal Recruitment. He has observed a shift in hiring trends, with firms becoming more cautious about adding corporate lawyers and instead focusing on litigation-related practices and trade law.
“Lateral movement in corporate law and securities has been fairly slow even before Trump was elected but has continued since he took office,” Bongard notes. However, the full impact of tariffs on legal recruitment may take months to materialize.
As firms navigate these economic challenges, ZSA remains at the forefront of legal recruitment, providing insight into market trends and opportunities.
“There’s more tentativeness and reservations about adding in a market like this until it’s a little more certain as to what’s going to happen,” says Warren Bongard, President of ZSA Legal Recruitment. He has observed a shift in hiring trends, with firms becoming more cautious about adding corporate lawyers and instead focusing on litigation-related practices and trade law.
“Lateral movement in corporate law and securities has been fairly slow even before Trump was elected but has continued since he took office,” Bongard notes. However, the full impact of tariffs on legal recruitment may take months to materialize.
As firms navigate these economic challenges, ZSA remains at the forefront of legal recruitment, providing insight into market trends and opportunities.
Read the article here: https://www.law.com/international-edition/2025/03/05/economic-uncertainty-hitting-lateral-moves-market-for-corporate-lawyers/