Wednesday, March 4, 2009

A confluence of bad lay-off reports

Grimreape4_2 Despite this non-sequitur that firm hiring among top law schools remains steady (huh?!?), the rest of the legal media is reporting that things are looking worse and worse for firm associates (and an increasing number of partners) seeking work these days.  My in-box runneth over today with bleak reports of more lay-offs including Orrick's decision to lay off another 100 attorneys and 200 staffers in the second wave of job cuts so far at that firm.  Just hitting the street now is news that O'Melveny has laid-off another 200 staffers and attorneys in its second wave of job cuts.  The National Law Journal, ABA Journal and Above the Law, are among the leading media outlets delivering the grim news today.  Even Warren Buffet has declared the economy to be in a state of shambles and will likely remain that way for some time to come.  Great.  I am the scholarship dude.

(jbl)

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