Each week, the Law.com Barometer newsletter, powered by the ALM Global Newsroom and Legalweek, brings you the trends, disruptions, and shifts our reporters and editors are tracking through coverage spanning every beat and region across the ALM Global Newsroom. The micro-topic coverage will not only help you navigate the changing legal landscape but also prepare you to discuss these shifts with thousands of legal leaders at Legalweek 2023, taking place March 20-23, 2023 in New York City. Registration is now open. Secure your ticket today.
The Shift: The War for Talent is Turning Into a Race to Trim the Ranks
My, how quickly things can change. Just a few months ago, despite plenty of global tumult, law firms were desperate to hire as many lawyers as they could. Firms were having trouble meeting client demand, particularly on the corporate side. But as inflation fears sank deeper into the markets and deal work slowed, the tone within law firms started to shift.
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