What a difference just a few months make. Everything about a pandemic was unprecedented, and it feels like we are experiencing economic whiplash in its wake. From low unemployment, low interest rates and corporate earnings growth … to Elon Musk feeling “super bad” about the economy and announcing layoffs. And it’s hard to ignore runaway inflation, not to mention a spooky stock market.  

So, what does this change of economic circumstance mean for your law department? Staff level postings (counsel and senior counsel) remain at record levels. I know most of you are not finding the candidate quality you seek at the salary point your HR department has authorized. Because wage inflation within the legal profession has outpaced internal equity considerations