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This week, The American Lawyer’s Aric Press offers a portrait of “the coming law firm hiring crisis,” and the picture ain’t pretty. In the background lies “the current Conventional Wisdom”:
At law firms work (and profits) are down, attrition is far below average, law school graduates hired in an optimistic time are about to join firms awash in anxiety, and the conveyor belt that will bring still more eager and talented young lawyers aboard is about to start up again.
This does not seem to be a sustainable situation. If it's not it will, at a minimum, force law firms to make a harsh choice between the lawyers they already have on staff and the ones they're about to welcome.
In the foreground, Press’s predictions include:
In Press’s vision of the future, the silver lining on the looming storm cloud is that “maybe the crisis will encourage some candid conversation about past practices and the shedding of habits that no longer make much sense.”
- posted by vera
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