Managing partner poll on associate hiring trends
Posted: Mon Mar 18, 2013 6:10 pm
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According to their webpage: "Each quarter about 150 firms representing all regions, Am Law 100 and 2nd 100, and non-Am Law ranked firms participate."J-e-L-L-o wrote:interesting. But statistically not a function of the entire legal landscape. Exactly which firms were polled? What range? Vault? NLJ250? Only the top 50 firms?
Cool report though.
Nice scoop. Thanx!Bronck wrote:According to their webpage: "Each quarter about 150 firms representing all regions, Am Law 100 and 2nd 100, and non-Am Law ranked firms participate."J-e-L-L-o wrote:interesting. But statistically not a function of the entire legal landscape. Exactly which firms were polled? What range? Vault? NLJ250? Only the top 50 firms?
Cool report though.
https://www.privatebank.citibank.com/ou ... _watch.htm
Lower? Lower or flat is what some have reported .table3 wrote:Anyone want to take a gander at how the "Lawyer Hiring Indices" will relate to C/O '12 and '13 job placement, viz-a-viz their relation to the C/O '11 job placement that we all go off of?
If you believe TLS, we already know, at least in terms of OCI: uptick for c/o 2012; surprisingly large uptick for c/o 2013; slight drop-off for c/o 2014. More significant recovery at T-14 than others.table3 wrote:Anyone want to take a gander at how the "Lawyer Hiring Indices" will relate to C/O '12 and '13 job placement, viz-a-viz their relation to the C/O '11 job placement that we all go off of?
That's easy. Congressmd22 wrote:Interesting. What caused the upward trend of the recovery following the Great Recession to stop? Hiring confidence has been trending downward since Q4 2010 it appears...
Have you read any of the recent articles on the changing nature of biglaw? The pressure to keep costs down, etc. look for the citi reports that spell this trend out.J-e-L-L-o wrote:That's easy. Congressmd22 wrote:Interesting. What caused the upward trend of the recovery following the Great Recession to stop? Hiring confidence has been trending downward since Q4 2010 it appears...
Have you looked at the chart? Notice the dips on the way to recovery? Guess what caused those dips. Those are specific points in time my friend. The demand tracks nicely with business conditions and especially the economy at large with major decreases mid 2010 and 2011.NYstate wrote:Have you read any of the recent articles on the changing nature of biglaw? The pressure to keep costs down, etc. look for the citi reports that spell this trend out.J-e-L-L-o wrote:That's easy. Congressmd22 wrote:Interesting. What caused the upward trend of the recovery following the Great Recession to stop? Hiring confidence has been trending downward since Q4 2010 it appears...
Probably "full time employment"Robespierre wrote:What's "FTE" in the legal hiring chart?
I tend to agree. Confidence was rising until Q2 2010 where it dipped, rose slightly again above 150, and has been trending downward ever since. According to the survey answers, however, a large portion of partners believe that things are basically staying the same. Only a small percentage see things worsening. The chart would suggest otherwise, no?J-e-L-L-o wrote:Have you looked at the chart? Notice the dips on the way to recovery? Guess what caused those dips. Those are specific points in time my friend. The demand tracks nicely with business conditions and especially the economy at large with major decreases mid 2010 and 2011.NYstate wrote:Have you read any of the recent articles on the changing nature of biglaw? The pressure to keep costs down, etc. look for the citi reports that spell this trend out.J-e-L-L-o wrote:That's easy. Congressmd22 wrote:Interesting. What caused the upward trend of the recovery following the Great Recession to stop? Hiring confidence has been trending downward since Q4 2010 it appears...