Law firm news by topic » global financial downturn

US legal sector remains steady at 1.1 million jobs

Jul 9, 2012 The US legal services sector remained steady last month, with marginal gains of around 200 positions to reach 1.1 million jobs. Legal jobs have remained at around the same level since the start of this year, which is…

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Lateral hires face demotions and pay cuts

Sep 28, 2010 Many corporate, real-estate and other transactional associates have had a slow year, with deals and work-flow stalling in the tough economic climate. Many have shifted to other practice groups or done pro-bono work…

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US legal sector sheds 3,900 jobs in June

Jul 7, 2010 June was a bad month for employment in the US legal sector, with the Bureau of Labor Statistics reporting a drop 3,900 jobs. Meanwhile, the modest gains reported at the end of May – an increase of 300 jobs – have…

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Lateral partner hires - how things have changed

May 11, 2010 The global financial crisis has raised the bar for lateral hires in the legal services sector, with firms pickier than ever about whom they take on. Key features of attractive candidates include a healthy book of…

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In-House Advisors prove their worth

May 4, 2010 The way in which we think about in house is changing as a result of the global financial crisis, according to Peter Turner, the chief executive officer of the Australian Corporate Lawyers Association. Turner notes…

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