X

economy

Shockwaves in the Legal Industry as Layoffs Surge Amidst Economic Slowdown

The legal industry is grappling with layoffs as the global economy faces headwinds, causing dealmaking demand to slow down. This…

Am Law Firms Laid Off at Least 50 Employees

Sullivan & Cromwell, one of the most prestigious BigLaw firms in the country, has reportedly laid off employees in multiple…

COVID-19 Pushes Law Firm Mergers to a Record Low

The COVID-19 pandemic has pushed law firm mergers to a record low in the second quarter as the sector struggles…

World’s Richest Man Jeff Bezos Pledges $10B to Fight Climate Change

Photo by Seattle City Council - CC BY SA 2.0 Jeff Bezos, the world’s richest man has pledged $10bn to…

The Coronavirus Will Cause Global Oil Demand to Shrink for the First Time in a Decade

As a result of the Coronavirus outbreak, the global oil demand is expected to shrink during the first quarter of…

Over Four Thousand Legal Jobs Added in September

Summary: Around 4,700 jobs were added to the legal sector in September. According to American Lawyer, the legal sector gained…

Number of UK Law Students Increases, Although Job Market Remains Bleak

Summary: Across the United Kingdom, the number of law students has increased, although the job market is still uncertain. According…

Over Three Thousand New Legal Jobs Reported in February

Summary: The Bureau of Labor Statistics has reported that 3,100 jobs were added to the legal industry in February of…

Legal Industry Adds 700 Jobs in March

The United States Bureau of Labor Statistics released seasonally adjusted preliminary data on Friday that says the legal industry added…

U.S. Economists are Optimistic about Growth

Economists working for U.S. businesses are more optimistic about growth this year. According to the L.A. Times, experts are forecasting…

American Economy Fears

According to reports by Bloomberg Personal Finance, the projected payrolls in the U.S. rose less than were to be expected.…

“We’ve exhausted our Coping Mechanisms” Economy and American Budget

According to a report by Bloomberg News American households are running out of places to grab from when trying to…