With a dip in the economy and a potential credit crunch, some law firm leaders are predicting layoffs in what have been the most lucrative practice groups over the past four or so years -- structured finance, real estate and corporate mergers and acquisitions. Others say an economic downturn is an opportunity for bankruptcy and litigation practices and corporate attorneys will just adapt. So could the effects of this economic downturn mean future layoffs of law firm associates? Well, it's a touchy topic.
With Dip in Economy, Are Associate Layoffs on the Horizon?
The Legal Intelligencer
August 28, 2007