Navigating SEC Enforcement Recruitment Trends: Insights from Rachel Nonaka on Enforcement Overtime
The market for SEC Enforcement attorneys considering a move to private practice is undergoing significant shifts, and Rachel Nonaka, a partner in our Washington, D.C. office, recently shared her expertise on the Enforcement Overtime podcast with Bruce Carton.
In the episode, Rachel provided an in-depth analysis of the current recruitment landscape, touching on key trends and challenges shaping the market:
A Surge of Candidates: Many SEC Enforcement attorneys are preparing to transition to private practice as the possibility of a new administration draws closer.
Law Firm Demand: Despite recent high-profile hires, law firms continue to show strong demand for SEC Enforcement talent.
Market Priorities: Firms are focusing on candidates with specific SEC experience and seniority, with certain cities standing out as hubs for this hiring activity.
Industry Dynamics: Rachel explored how corporate statements, like those from Coinbase regarding the hiring of "anti-crypto government lawyers," may influence recruitment practices.
Broader Lateral Partner Trends: Insights included what law firms expect in terms of books of business and how other government experience (DOJ, FINRA, PCAOB) factors into lateral hiring opportunities.
Rachel also reflected on the unprecedented volume of inquiries from candidates. As she shared with the National Law Journal, “It is truly remarkable how many phone calls we are getting and how many candidates we have on the market right now. Honestly, I have not seen anything like this.”
The conversation provides valuable insights into the legal recruitment landscape, particularly for government attorneys exploring opportunities in the private sector.
Watch the full podcast episode here
For more insights into lateral hiring trends and the market for SEC Enforcement attorneys, connect with Rachel Nonaka or reach out to our team at Macrae.