ps494 wrote:Out of curiosity, has this substantially increased competition for PI jobs?
Competition for PI jobs has increased substantially, but I think that's more due to the number of BigLaw jobs shrinking and the number of law students remaining constant. Graduates have to go somewhere, and since PI groups are still hiring, they're all rushing there.
I think once the economy evens out, you'll still see people choosing BigLaw. They'll have to use more of their own money to pay off their loans, but once they're done they'll have significantly higher salaries than PI folks, just like it's always been. I don't see this changing things too drastically.