Economy

It’s no secret that the legal market is still in the tank. Unemployed associates have grown accustomed to scrounging the Internet for any and all job openings that might materialize – even sketchy postings offering $35,000 salaries to sharp dressers.

Just how bad has the economy gotten? Bad enough that Craigslist isn’t just for associates anymore. That’s right, now even partners are lowering themselves to the point of hawking their wares on this oh-so-prestigious platform. In the last week, we’ve seen not one, but two ads on Craigslist aimed at the upper echelon of law firm life.

One poster is an aspiring partner seeking the right law firm to take on his or her amazing legal talent. The other is a solo lawyer seeking a partner to start a law practice.

Are these two a match made in Craigslist heaven? Keep reading to see if either of our contestants has the goods to succeed in the partner matchmaking game.

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Luz Herrera

The economy had to tank and a lot of people had to become unemployed for law schools to ask: ‘How can we help people hang out their shingle?’

Luz Herrera, a professor at Thomas Jefferson School of Law, commenting on the need for law schools to establish solo practice incubators. In 2007, CUNY School of Law was the first school to introduce such an innovative program for its graduates.

I hope all of you had a fine long weekend. I also hope at least some of you have some skills at building infrastructure.

But maybe you have some legal skills. If you do, the market for your talents is ever-so-slightly recovering. The latest jobs report shows that the American economy stinks as a whole, but less so for lawyers. Am Law Daily reports:

The Bureau of Labor Statistics’ monthly employment report for August was released early Friday and the news was still a bit glum overall — the U.S. economy lost a total of 54,000 jobs. But the news for lawyers and legal industry employees was a bit brighter.

The legal sector handed out 1,000 jobs last month, marking the second straight month of improved numbers for the industry.

Yay! Let’s welcome these new people to the party…

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