Jobs

Legal Seagulls: Scavenging Work

You'd think the law would be one of our more recession-proof trades — we've been counting on it at my house. At the very least, New York's big firms should have a bunch of Wall Street clients to represent. But it turns out even top 10 firms are starting to pare back.

Layoffs are painful everywhere, but how hard are law firms trying to avoid them? The self-styled "legal tabloid" Above The Law has been chronicling the efforts to cut costs and has noticed that some big firms have found creative solutions. They're offering associates cash (generally in the neighborhood of $75,000) to take a year off from firm life and find an unpaid public interest "internship." Some firms are pushing back start dates on incoming first year associates to January 2010. At least one firm has even offered buyouts.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

Support comes from: