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What is going on with the lateral market?
Posted: Fri Jan 27, 2023 10:22 am
by Anonymous User
What is going on with the lateral market? I am in an AM100. Fifth year lit. Looking to make a move and I have never had this much push back or difficulty locking down interviews or getting call backs. The offers I am getting are so low they are laughable. What the hell is going on?
Re: What is going on with the lateral market?
Posted: Fri Jan 27, 2023 4:52 pm
by Moneytrees
Anonymous User wrote: ↑Fri Jan 27, 2023 10:22 am
What is going on with the lateral market? I am in an AM100. Fifth year lit. Looking to make a move and I have never had this much push back or difficulty locking down interviews or getting call backs. The offers I am getting are so low they are laughable. What the hell is going on?
It's a down market right now. Thousands of people are getting fired across many industries. Probably not the best time to be lateraling.
Re: What is going on with the lateral market?
Posted: Fri Jan 27, 2023 6:26 pm
by DiligentSage
Anonymous User wrote: ↑Fri Jan 27, 2023 10:22 am
What is going on with the lateral market? I am in an AM100. Fifth year lit. Looking to make a move and I have never had this much push back or difficulty locking down interviews or getting call backs. The offers I am getting are so low they are laughable. What the hell is going on?
Which specific geographic market? And what type of lit?
But generally agree with the above that this is going to be tough sledding altogether in the current environment.
Re: What is going on with the lateral market?
Posted: Mon Jan 30, 2023 11:29 am
by ZVBXRPL
DiligentSage wrote: ↑Fri Jan 27, 2023 6:26 pm
Anonymous User wrote: ↑Fri Jan 27, 2023 10:22 am
What is going on with the lateral market? I am in an AM100. Fifth year lit. Looking to make a move and I have never had this much push back or difficulty locking down interviews or getting call backs. The offers I am getting are so low they are laughable. What the hell is going on?
Which specific geographic market? And what type of lit?
But generally agree with the above that this is going to be tough sledding altogether in the current environment.
And then you have idiots who ask me who I used as a recruiter, engage the recruiter and use the v10 offer to leverage their current v50 firm to up their out of market salary. And then turn the v10 down and waste everyone’s time. Yes - just happened last week.
Think it’s practice dependent and which recruiter you use (real connections at firms and don’t need to spam everyone’s inbox?).