President Joe Biden (public domain).
The replacement of the Trump Administration by the Biden Administration will bring changes to countless areas of American life, including the legal sector. Here are a few practice areas that we at Lateral Link expect to heat up over the next few years. (Thanks to my colleague Gloria Sandrino, who previously shared her thoughts on this topic with Law360, for her help in putting this list together.)
1. White-collar, investigations, and enforcement work. White-collar prosecutions fell to a record low under President Donald Trump. Over the past two years, I’ve spoken to numerous white-collar and investigations lawyers who have had to turn to civil and commercial litigation to keep themselves busy. Law firm hiring out of government also slowed significantly; with firms struggling to keep their current white-collar lawyers busy, their appetite for former prosecutors dropped significantly.
Many industry observers expect this to change under the Biden Administration. We’ve been meeting with firms right now to discuss their talent needs for the year, and many of them expect a significant increase in SEC, DOJ, and congressional investigations. Widely reported fraud related to the Paycheck Protection Program and other pandemic relief efforts is already starting to generate work, and with the change to a Democratic administration, also look for an increase in traditional white-collar work, such as Foreign Corrupt Practices Act (FCPA) investigations and prosecutions.
2. Banking and financial regulation. Related to the anticipated uptick in white-collar expect, expect an increase in banking and financial regulatory work as well. In particular, look for the new administration to reinvigorate the Consumer Financial Protection Bureau (CFPB) — and create work for lawyers and law firms that specialize in consumer finance regulatory matters.
3. Environmental. Even though he has been in office for just a few weeks, President Biden has already made clear that protecting the environment will be a priority for his administration, with an especially strong focus on addressing the climate change crisis. According to this overview from Hogan Lovells, look for the Biden Administration to “seek to undo many of the deregulatory actions of the Trump administration… [and] to strengthen environmental protections by adopting new standards, revising existing standards, and increasing enforcement.” The upshot: more work for environmental lawyers, especially those who advise companies trying to keep up with the new standards and to respond to investigations and enforcement actions.
4. Labor and employment. As noted in this analysis by Littler Mendelson, the close divide in the House of Representatives will limit President Biden’s ability to enact much of his agenda. But we can still expect significant changes, including changes that can be made through administrative action.
If it’s passed by Congress, President Biden’s proposed COVID-19 stimulus plan includes a number of L&E-related provisions, including extension of unemployment insurance benefits, renewal of emergency paid sick and family medical leave mandates from prior coronavirus relief packages, authorization of OSHA to develop a national COVID-19 protection standard, and an increase in the minimum wage to $15 nationwide. Companies will need legal help to respond to any number of these changes.
5. Private equity and venture capital. On the transactional side, private equity and venture capital should continue to be active areas, but with a shift in emphasis to focus on the healthcare and environmental sectors. Investment in the healthcare and life sciences space should remain robust, as the nation continues to deal with the coronavirus pandemic and its after effects, and investment in the environmental space could see a boost from President Biden’s plan to invest $2 trillion in clean energy and sustainable infrastructure, which would be a boon for the cleantech startup ecosystem. This will also generate lots of work for project finance lawyers, especially those who focus on cleantech and renewable energy.
These are just some of the sectors that could see significant growth over the next few years. Others include state attorneys general, antitrust, and healthcare practices. A change in administration often means changes in the law, and changes in the law are good news for lawyers and law firms.
If you’re thinking about what you can do with your career to take advantage of these developments, please feel free to reach out to me or any of my colleagues to explore your options. This is an exciting time — not just for the country, but for lawyers and the legal profession — and you don’t want to miss out on any opportunities

Left to right, top to bottom: Gloria Noh Cannon, Scott Hodes, Gloria Sandrino, Wendy Boone Jaikaran, Jon Kahn, and Ryan Belville (photos via Lateral Link).
Here at Lateral Link, we also have some exciting news of our own for the new year: promotions.
“I am pleased to announce a few promotions for 2021,” said Michael Allen, our founder and CEO. “And as several of these colleagues are approaching fifteen years with Lateral Link, I am grateful and proud to work alongside them in what we can all say has been a rewarding career.”
MANAGING PRINCIPALS
Ryan Belville (Vanderbilt University School Of Law, J.D., 2002), now in his 14th year at Lateral Link, will remain Managing Principal. Based in New York, Ryan manages our East Coast offices and sits on the Executive Committee. He specializes in moving high-profile partners and groups into positions with elite law firms throughout the United States.
Scott Hodes (University of Florida, College of Law, J.D., 2001) is entering his 12th year with Lateral Link, where he oversees associate, counsel, and partner-level attorney placements at AmLaw 200 firms and top regional firms. Scott is based in the Southeast region and a member of the Executive Committee.
Gloria Noh Cannon (Loyola Law School, J.D., 1994) has now been with Lateral Link for 12 years. She oversees the California region and focuses on the placement of partners, counsel, and associates at law firms and companies. Prior to her promotion, Gloria was a Principal in our Los Angeles office. She sits on the Executive Committee and serves as our Chief Cultural Officer.
PRINCIPALS
Wendy Boone Jaikaran (Thurgood Marshall School Of Law, J.D., 2005) is now in her sixth year with Lateral Link. Based in the Houston office, Wendy oversees our associate placements and client services in Texas. Prior to her promotion, Wendy was a Managing Director.
PARTNER AND GROUP PLACEMENTS — TEAM LEADERS
Gloria Sandrino (Harvard Law School, J.D., 1984), is entering her sixth year as a Principal. Gloria will remain and continue to focus exclusively on partner and group placements nationwide. Gloria also sits on the Executive Committee.
Jon Kahn (Georgetown University Law Center, J.D., 1990), is a Principal based in our New York office. After joining Lateral Link in 2019, Jon was promoted to Principal in 2020. Jon will focus on partner and group placements nationwide.
Ryan Belville (Vanderbilt University School Of Law, J.D., 2002), in addition to being Managing Principal of our East Coast offices and sitting on the Executive Committee, will specialize in placing partners and groups nationwide.
Congratulations to all!
Ed. note: This is the latest installment in a series of posts from Lateral Link’s team of expert contributors. This post is by David Lat, a managing director in the New York office, where he focuses on placing top associates, partners and partner groups into preeminent law firms around the country.
Prior to joining Lateral Link, David founded and served as managing editor of Above the Law. Prior to launching Above the Law, he worked as a federal prosecutor, a litigation associate at Wachtell Lipton Rosen & Katz in New York, and a law clerk to Judge Diarmuid F. O’Scannlain of the U.S. Court of Appeals for the Ninth Circuit. David is a graduate of Harvard College and Yale Law School. You can connect with David on Twitter (@DavidLat), LinkedIn, and Facebook, and you can reach him by email at dlat@laterallink.com.
Lateral Link is one of the top-rated international legal recruiting firms. With over 14 offices worldwide, Lateral Link specializes in placing attorneys at the most prestigious law firms and companies in the world. Managed by former practicing attorneys from top law schools, Lateral Link has a tradition of hiring lawyers to execute the lateral leaps of practicing attorneys. Click here to find out more about us.