The meltdown of the legal services industry, in the wake of the financial meltdown, is hurting biglaw firms as they shed lawyers and clients. But small firms are grabbing up both those clients and laid off lawyers, according to Australian legal recruitment firm Mahlab. Smaller practices are using their lower overheads and cheaper hourly rates to win [...]
Continue reading...Monday, January 12, 2009
According to the Department of Labor’s Bureau of Labor Statistics, the legal services industry in the United States shed some 7,000 jobs between December 2007 and December 2008. The numbers include lawyers, paralegals, public relations specialists, secretaries and other positions; and reflect layoffs by firms nationwide over the last few months, and the dissolutions of Am Law 100 firms [...]
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Thursday, February 19, 2009
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