Will Goldman Sachs & Co. spur a Biglaw recovery?

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sfdreaming09
Posts: 273
Joined: Tue Oct 20, 2009 12:54 pm

Will Goldman Sachs & Co. spur a Biglaw recovery?

Postby sfdreaming09 » Thu Apr 22, 2010 4:08 pm

What do you guys think? Will the lawsuits spurred by the financial meltdown of 2008 revive Biglaw to its pre-ITE level?

http://abovethelaw.com/2010/04/will-big ... gh-biglaw/

swester
Posts: 65
Joined: Sun Apr 04, 2010 5:02 pm

Re: Will Goldman Sachs & Co. spur a Biglaw recovery?

Postby swester » Thu Apr 22, 2010 4:21 pm

sfdreaming09 wrote:What do you guys think? Will the lawsuits spurred by the financial meltdown of 2008 revive Biglaw to its pre-ITE level?

http://abovethelaw.com/2010/04/will-big ... gh-biglaw/


I think BigLaw has realized that it can run a much more efficient machine with much fewer staff than it had during the old days. I can't see them being in any rush to hire a bunch of new associates when they know their existing employees are clinging to their jobs like flies to sticky tape.

Also, speaking of meltdowns:

http://blogs.wsj.com/law/2010/04/19/how-legal-education-today-is-like-sub-prime-mortgage-market-in-2006/tab/article/

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DerrickRose
Posts: 1106
Joined: Sat Dec 06, 2008 5:08 pm

Re: Will Goldman Sachs & Co. spur a Biglaw recovery?

Postby DerrickRose » Thu Apr 22, 2010 10:30 pm



Hey that's my Torts professor quoted in that article!

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ZXCVBNM
Posts: 422
Joined: Thu Mar 05, 2009 9:45 pm

Re: Will Goldman Sachs & Co. spur a Biglaw recovery?

Postby ZXCVBNM » Thu Apr 22, 2010 11:30 pm

i hope so




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