we have our disagreements -- and Id like to think we maintain them with civility -- but I tend to agree with disco on this one. Your comments and advice in the area of networking are dead-on but I don't think we're seeing a major paradigm shift as it relates to Biglaw. Firms have cut back considerably (just as they hired overzealously in the build-up) but I do think given what I've read on ATL (i.e. salary true-ups, positive signs leading into OCI, etc.) suggest that the horrors we saw this past year were more the symptoms of a bad economy than the signs of a sea change.
I might be wrong and I will admit as much if your forecasts prove more predictive. Until then, I'm placing my faith in the Cravath model.
Wait ATL says its dead so NOW IT HAS TO BE TRUZE!!!! http://abovethelaw.com/2010/02/could-le ... he-future/
If the current (or past) model is getting dropped doesn't that mean that the huge unemployment is a short term issue, but that depressed big law salaries are the long term issue?
I don't give two shits about big law salaries, but unemployment is obviously another matter. But, even if corporations aren't willing to pay for high priced noobs, and if firms won't pay out the same amount of salary there is still about the same amount of work for about the same number of lawyers.
Just want to make sure that we aren't confusing the disappearance of BigLaw starting salaries with the disappearance of law jobs in general