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Career Center: Survey Says

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Our recent Career Center survey asked about whether you think layoffs and salary cuts are a thing of the past or if 2010 will bring more of the same.  The majority of respondents — 70% — are optimistic about salaries, saying they do not expect any further salary cuts in 2010. 

However, respondents were not so optimistic about the chances of future layoffs.  After a year in which over 75% of respondents saw layoffs at their firms, almost half — 45% — think there is at least a 50-50 chance of more layoffs in 2010. 

Check out the full survey results after the jump — and visit the Career Center, powered by
Lateral Link, for more on which firm has announced above-market bonuses for the second year in a row and

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which firm is so confident about recovering from the recession that it is opening multiple new offices.
Full survey results, after the jump. 


Just under half of all respondents saw their salaries cut in 2009:

  • 40% of respondents reported that their firm cut salaries in 2009′
  • 60% of respondents reported that their firm did not cut salaries in 2009.

Although some have already seen salary cuts in 2010, most respondents are optimistic that the pay cuts are over:

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  • 37% of respondents predicted that their firm will not cut salaries in 2010; 
  • 33% of respondents predicted that their firm will probably not cut salaries in 2010; 
  • 10% of respondents predicted that there is a 50-50 chance that their firm will cut salaries in 2010; 
  • 9% of respondents predicted that their firm will probably cut salaries in 2010;
  • 11% of respondents reported that their firm has already cut salaries in 2010.

Only the lucky minority avoided seeing layoffs at their firms in 2009:

  • 45% of respondents reported that their firm conducted open layoffs in 2009;
  • 32% of respondents reported that their firm conducted stealth layoffs in 2009;
  • 20% of respondents reported that their firm conducted no layoffs in 2009;
  • 3% of respondents did not know if their firm conducted layoffs in 2009.

And many are worried there may be still more layoffs in 2010:

  • 27% of respondents predicted that their firm probably will conduct layoffs in 2010;
  • 18% of respondents predicted that there is a 50-50 chance that their firm will conduct layoffs in 2010;
  • 8% of respondents reported that their firm has already conducted layoffs in 2010;
  • 27% of respondents predicted that their firm probably will not conduct layoffs in 2010;
  • 20% of respondents predicted that their firm won’t be conducting layoffs in 2010.

As always, we encourage to send information about your law firm experience to careercenter@abovethelaw.com.
Earlier: Career Center: Freezes and Cuts?

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