Depressing stuff
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Education / Schools, Job Searches, Law Schools, Student Loans
So This Is Why People Keep Applying To Law School
Try telling a recent college grad to think critically before applying to law school. Just try to do it. It won’t be long before the young person you are trying to help gets inappropriately angry and shouts, “Well what AM I supposed to do, you fat f**k? Seriously oh wise internet blogger, what the hell […] -
Job Searches, Law Schools, New Jersey, Small Law Firms
Today's Terrible Jobs Have A 'Do It Yourself' Feel
Another day, and another round-up of terrible job opportunities available to J.D. holders. I think it’s important to continue bringing these jobs to your attention. I think it’s important to have a place on the web where people can go to answer the question: Why is it a big deal if Indiana Tech opens another […] - Sponsored
AI’s Impact On Law Firms Of Every Size
How solo lawyers, midsize firms, and global large law firms have an opportunity to adjust the way they work. -
California, Entertainment Law, Job Searches
If You Want A Job In This Economy, Better Work On Your Physical Strength
I think we’re all used to the really terrible jobs being offered to recent law graduates these days. The last one we did was so bad that the school that posted it had to apologize. In this market, you need to have something especially terrible about your job listing to get our attention. Today’s bad […]
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Biglaw, Layoffs
Just How Big Is The Lost Generation?
It’s hard to put a number on just how many people are in the so-called “lost generation” of attorneys who had their careers ruined during the recession. We’ll probably never know how many people did not get jobs or had to take very bad jobs because of the weak economy in 2008, 2009, and 2010. […] -
Job Searches, Parties
Evidence That Students At Top Schools Are Also Getting Crunched By The Weak Job Market
It’s a familiar refrain around these parts: it’s tough to find legal employment, unless you got into one of the top law schools. The prevailing wisdom is that students at the “best” (i.e., highest-ranked) law schools have been protected from the recession-dampened job market facing recent graduates of most American law schools. “HYS” (Harvard, Yale, […] -
Craigslist, Job Searches
Pathetic Job Potpourri
Whenever it feels like things are getting better in the legal economy, Craigslist shows up to remind everybody just how crappy things still are. If you want to know why there is a higher education bubble (and there is a higher education bubble), you need only look at the kind of pathetic salaries offered to […] -
Biglaw, Citigroup, Dissolution, Howrey LLP, Layoffs, Staff Layoffs
Howrey Going to Go On Without Bank Funding?Firm shutting down today, after Citi pulls plug.
Although Howrey LLP officially dissolved as a partnership as of March 15, some operations continued beyond that date. But at the close of business today, the firm is going into a more complete shutdown, due to a withdrawal of bank financing. “Last night, we received notice via email that Howrey is closing as of today, […] -
Biglaw, In-House Counsel
Not Horrible
Ed. note: This post is by Will Meyerhofer, a former Sullivan & Cromwell attorney turned psychotherapist. He holds degrees from Harvard, NYU Law, and The Hunter College School of Social Work, and he blogs at The People’s Therapist. His new book, Life is a Brief Opportunity for Joy, is available on Amazon. I asked a […] - Sponsored
How Transactional Lawyers Can Better Serve (And Maintain) Their Clients
Sign up and join us for our CLE webinar. From importing your checklist to delivering the closing book, you can bolster client service throughout the… -
Job Searches, Law Schools, Music, Rap
Leader in the Clubhouse for Worst Job of the Year
This has not been a great weekend for the University of Pittsburgh community. As many of you know, the school’s college basketball team choked disappointed fans with an early round exit from the NCAA tournament. You should always avoid comparing a school’s basketball team with its law school, but it appears that things aren’t going […] -
Dissolution, Midsize Firms / Regional Firms, Real Estate
Another Law Firm Dissolves. Do Bad Things Really Come in Threes?
Tomorrow, March 15, the end will finally come for Howrey. Later this month, the law firm of David J. Stern, formerly known as Florida’s foreclosure king, will shut its doors. This week, we’ve got another sizable law firm announcing its dissolution. Obviously not everybody is catching on to this economic recovery. While some firms are […] -
Drinking, Facebook, Job Searches, Outsourcing, Quote of the Day
Facebook Status Update of the Day: Well, they can't send bartending jobs to India.
In case you’re having a hard time reading the update in the screenshot, we transcribe it below. -
Job Searches, Law Schools, Quote of the Day, Reality TV, Television
Depressing Statistic of the Day
This year The Apprentice, a television show in which contestants compete for the privilege of working for Donald Trump, features 16 who are down on their luck, having lost previous jobs or otherwise having to start anew. No fewer than five of them are lawyers. — from Trouble with the Law, an article about American […] -
Fashion, Job Searches, Law Schools
Will You Help Clothe a Law Student?
To steal a line from Sports Illustrated, I must bring you this week’s sign that the apocalypse is upon us. Law students are struggling to find jobs; this we know. But what I didn’t know until this very day was that law students are also struggling to find the basic professional necessities. Like clothes. That’s […]
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Why Do AI And Legal Professionals Make The Perfect Partnership?
For many legal departments, generative AI is the technology they’ve been waiting for.
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Law Firms Now Have A Choice In Their Document Comparison Software
Six months on since its launch, over 200 firms worldwide are now using Draftable Legal for accurate and reliable document comparison, including UK Top 50…
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Generative AI In Legal Work — What’s Fact And What’s Fiction?
Zach Warren from the Thomson Reuters Institute discusses the potential and the pitfalls.
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How Transactional Lawyers Can Better Serve (And Maintain) Their Clients
Sign up and join us for our CLE webinar. From importing your checklist to delivering the closing book, you can bolster client service throughout the…
Sponsored
AI’s Impact On Law Firms Of Every Size
How solo lawyers, midsize firms, and global large law firms have an opportunity to adjust the way they work.
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Bankruptcy, Craigslist, Job Searches
A Sign of Improvement in the Chicago Legal Market?
The economy is (hopefully) on the mend. The recession is officially over. There are signs of recovery in the legal sector, too. For example, law firms are giving away iPads to young associates. Such generosity seems very 2007 (if iPads had existed back then). Meanwhile, in the less glamorous world of Craigslist postings of legal […] -
Biglaw, In-House Counsel, Job Searches, Money, Nauseating Things, Sweet Hot Justice
Poor You! (Literally.)
Picture, if you will, my lawyer friend, Caitlin. She’s a mid-level finance associate at one of New York’s biggest lawyer factories. She’s been at the Big Law game long enough to be depressed on the good days and on the hunt for sturdy noose material on the bad days — which is to say most […] -
Cheapness, Job Searches, Summer Associates
Firms Now Looking for Unpaid Summer Associates
It sounds like something firms would try to keep on the down low, through anonymous postings on Craigslist. But in the new economy, it’s apparently no big deal for law firms to ask career services offices to send over students who are so desperate they’re willing to work for free. The ABA Journal reports: Law […] -
Job Searches, Law Schools, Unemployment
Michigan Law Tells Its 3Ls They're Screwed; Offers Counseling
While there are students enjoying the good life as summer associates, many rising 3Ls are staring into the abyss of entering 3L recruiting without a post-graduate job lined up. At the University of Michigan Law School, the office of career services is preparing students for just how abysmal the abyss is going to be: As […] -
Biglaw, Billable Hours, Money, Partner Issues, Partner Profits
Law Firm Survey Confirms All the Depressing Stuff You Already Knew About the Business of Biglaw
In April and May of this year, the Altman Weil consulting firm surveyed the leaders of 787 law firms with 50 or more lawyers about the state of the legal industry. After receiving responses from 218 of them (a 28% response rate), Altman Weil crunched the data and compiled it in a big law firm […] -
Layoffs, Staff Layoffs
Nationwide Layoff Watch: Seyfarth Shaw Cuts 40 People
Apparently, cutting salaries, changing its compensation structure, and canceling its summer program just isn’t getting Seyfarth Shaw the kinds of cost savings it needs. So the firm has returned to the old fail-safe option: layoffs. Am Law Daily reports that the firm laid off approximately 20 attorneys and 20 staffers. The firm-wide email from Seyfarth […] -
Biglaw, Layoffs, Staff Layoffs
Nationwide Layoff Watch: Latham Cuts 440 (190 Associates, 250 Staff)
Records are being set this morning at Latham & Watkins. At 8:00 a.m. Eastern time, managing partner Bob Dell sent out an email announcing that the firm is laying off 190 associates and 250 staff. These numbers are on top of any “stealth layoffs” that may have previously occurred at the firm in the past […]