What would you do if your boss walked into your office and said, “Hey, take a year off and we’ll pay you $80,000. And, your job is guaranteed when you return.”
According to Legal Blog Watch, that’s exactly what has happened to the 1,300 associates at Skadden.
While the paranoid cynic in me
As more and more law firms grapple with the economy, business as usual will never be the same for the legal industry.
We have watched, over the past few months, as AmLaw 200 firms shed thousands of attorneys and staff. And while law firm layoffs at Latham, White & Case, Pillsbury and
“If you don’t cut associate starting salaries now, you are nuts. They were too high. Now we have to pay for it.” – Bradford Hildebrandt (as reported in the ABA Journal online)
Most of the biglaw firms just let them go. MacGuire Woods is rolling back salaries of its incoming associate class to
2008 has been an interesting year in the legal industry. We’ve had major law firm dissolutions, legal scandals, and a collapse of the financial markets which has lead to weekly layoffs at the AmLaw 200 firms.
Marketing in a down economy is a common topic of discussion amongst my legal marketing peers
Working in the business of law has its challenges. First of all, there are all the lawyers (ba-dum-bum-CHING). Actually, it’s the lawyers that make our jobs interesting. SEO. Not interesting. Explaining to lawyers why SEO is important, now that can be fun and challenging.
A common “challenge” we – legal marketers, partners, administrators and
In an eat-what-you-kill law firm culture, associates are the appetizer. They might keep us from starving, but when’s the last time you made a decision where to eat based on the appetizer?