If the ways firms decide to defer associates, lay off attorneys and cut compensation are any indication, it seems that once one firm gets the ball rolling, an avalanche is soon to follow. Morgan Lewis & Bockius' decision Tuesday to withdraw from 2009 on-campus interviews and forgo a 2010 summer associates program may be the next snowball rolling down the mountain. Law schools are hoping that's not the case.
Law Schools Hope Morgan Lewis' Move Doesn't Start Trend
The Legal Intelligencer
July 16, 2009