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[I’m] not shocked that there are deferrals taking place [and] undecided that is going to be the final agency that’s going to resolve to defer. [The slowness in VC work is] an unhealthy canary within the coal mine.
— Kate Reder Sheikh, a associate within the affiliate observe group at recruiting agency Main Lindsey & Africa, in feedback given to Law.com, regarding A&O Shearman’s current deferral of associates. Sheikh went on to say that M&A had just lately made fewer than 500 affiliate hires in comparison with greater than 2,000 litigation affiliate hires, and that she’d “by no means seen such an imbalance.”

Staci Zaretsky is the managing editor of Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be happy to email her with any suggestions, questions, feedback, or critiques. You possibly can observe her on Bluesky, X/Twitter, and Threads, or join together with her on LinkedIn.