Phones were ringing across the country with former law school classmates wondering if their friends’ new associate positions at white-shoe firms were in jeopardy, too. After all, entire classes of associates were let go at some firms. The recession had reared its ugly head in a place it never really went before. Not only did it find its way into the white-collar world, but it pierced the sanctity of the legal profession — a profession that began transforming into a business like (almost) any other.
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