I am a corporate NQ associate at a good US firm. Having moved here recently I was expecting a deluge of work but because of the credit crunch have found quite the opposite. I am concerned that the lack of work coming into the department (maybe three hours’ worth of work a day) will mean that heads will start to roll and I may be picking up my P45 sooner than later!

Everyone appears to be in the same situation but how long can the firm keep us on if there is no work coming through the door? Am I being overly concerned or are my fears legitimate?