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Lessons of Recession Could be Forgotten after Turn-around

Taking into account all of the trends and statistics of the new economy, there will be several imminent changes that will appreciably affect new legal careers. Most likely, firms will keep the billable hour, will move to merit-based compensation, and will likely continue to have minimal minority representation...

Legal Professionals as Commodities

Good news has gone the way of job security in the legal market these days, there isn't enough to spread around. Instead, this post contains the results of legal consulting firm Altman Weil's recent survey of practices and trends at 787 major law firms accompanied by analysis from Marion Crain...

Recession’s Grip Loosening for Many Law Firms

Finally, a very positive indicator for the legal business-demand for legal services is increasing. According to the Wall Street Journal Law blog , demand increased in the 4 th quarter of 2010--a sign not seen in the profession in over two years. The Journal cites a report by Hildebrand Baker Robbins...