The crop of recent law school grads still pounding the pavement in search of jobs along with the thousands of recently laid off attorneys are presumably envious of mid-level associates who are working and making $100,000 dollar plus salaries. You would think so anyway. Apparently that is not the case. According to a recent survey by the American Lawyer.com, the mid level associates who survived recent job cuts aren't feeling lucky after all. American Lawyer.com surveyed more than 5-thousand 3rd, 4th and 5th year associates about their job satisfaction levels and found scores to be the lowest since 2004. The ratings drop was also significant from 2009 to 2010. You might guess that drop would be because more associates are on edge with concerns that they might be next on the chopping block if the economy fails to improve. Somewhat surprisingly, that fear actually decreased. In fact, the survey revealed that while 83 percent cited medium to high anxiety about potent layoffs in 2009, this year the tables turned and nearly 80 percent said they were not concerned about losing their jobs. It seems those who have survived are busy and feeling somewhat secure. Secure enough to note their displeasure about heavier workloads, reduced benefits and a lack of communication from partners about their promotion and career path.
Meanwhile, more firms have been busy revising their training and advancement programs over the last year or so, re-working them so promotions will be based on mastering certain skills as opposed to the lockstep model that rewarded associates based on time served.
Complete survey results from American Lawyer.com.
The American Lawyer.com.