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Law And More: Law Firms

Is anyone else hearing this at their firms?

Get those hours in folks, they’re going to spring this on you with no fair warning.”

One response is that the firm probably overhired. Demand is slowing down. They don’t want to be perceived as the bad guy (everyone remembers the carnage orchestrated by Latham). So, they are instituting what could force associates out. In those pricey metro areas it might be a struggle to make ends meet on 80% of salary.

It would be wise to monitor Subreddit Big Law as well as Abovethelaw.com for other signals that clouds are forming over the law firm sector. 

Connect with Editor-in-Chief Jane Genova [email protected].

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