1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
Federal Law Enforcement May Begin Carrying Naloxone
Federal Law Enforcement May Begin Carrying Naloxone
Federal Courts Send Public Alert on Juror Scam Seeking Personal Data
Federal Courts Send Public Alert on Juror Scam Seeking Personal Data
John Brennan Issues Apology to Senate Intelligence Committee
John Brennan Issues Apology to Senate Intelligence Committee
Legal Fee Bill for Archdiocese of Milwaukee Must be Paid
Legal Fee Bill for Archdiocese of Milwaukee Must be Paid
Job Listings

Firms Struggle in the Economic Downturn

facebooktwittergoogle_plusredditpinterestlinkedinmail

As the economy crashes further into recession, law firms are doing some major renovations. Many partners who have lost their jobs will be scrambling to look for a permanent position.

“This is the month to watch,” legal consultant Colin Beebe says. “In January and February, you’re going to see a lot of partners calling and asking, ‘How do I get take?’”

Consultants say there are many different scenarios taking place. Some partners have practices which are getting pushed out of firms that are looking to streamline operations. Others are looking to find a more financially sound outlet for their business. Still, some partners are getting recruited by firms that view the difficult economic times as a way to acquire talent that they otherwise wouldn’t be able to.

“I’ve been encouraging firms to hug their laterals close to them,” says Dan DiPietro, who is the client head at the Law Firm Group at Citi Private Bank. “Last year and this year will be a real test for the cohesiveness of firms.”

Firms Struggle in the Economic Downturn by
facebooktwittergoogle_plusredditpinterestlinkedinmail

Tagged: , , , , , , ,

Posted by on January 22, 2009. Filed under Home,Legal News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

 

 

Job of the Day
Commercial Litigation Attorney
USA-OH-Cleveland

Experienced Litigation Attorney – Commercial Litigation Kohrman Jackson & Krantz PLL is seeking a litigation attorney with at least 7 years of experience.  Qualified candidates will have...