Thursday, August 27, 2009

Now Here Are Some 'Green Shoots':

Downturn Dims Prospects Even at Top Law Schools

by Gerry Shih

"This fall, law students are competing for half as many openings at big firms as they were last year in what is shaping up to be the most wrenching job search season in over 50 years.

For students now, the promise of the big law firm career — and its paychecks — is slipping through their fingers, forcing them to look at lesser firms in smaller markets as well as opportunities in government or with public interest groups, law school faculty and students say."


Fewer lawyers: reason # 397 why I appreciate a good credit-bubble deflation