Many recall the challenges associated with lawyer careers around the Great Recession. Now we are once again facing a significant economic downturn that is impacting the legal industry, and it is already triggering some deja vu. But, while attorneys will face many of the same challenges, things will be a little different this time around.
Lack of Stability
Organizations are controlling expenses by eliminating job postings, revoking offers, canceling or shortening summer programs, and delaying start dates for new hires. Existing jobs are unstable, with layoffs, furloughs, and compensation cuts hitting attorneys. For those fortunate enough to have ...
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