Happy Days Here Again? Legal Sector, Yes, Adds Jobs in May

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happy187
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Happy Days Here Again? Legal Sector, Yes, Adds Jobs in May

Postby happy187 » Mon Jun 07, 2010 11:31 am

So much doom and gloom for the legal sector it is nice to see the smallest amount of improvement:

http://blogs.wsj.com/law/2010/06/07/hap ... bs-in-may/

Well, it didn’t exactly send the nation’s law students into the streets cheering, but it was welcome news nonetheless: The legal sector added jobs in May, 300 jobs to be exact. Click here for the quick American Lawyer article.

In ordinary times, Friday’s news likely wouldn’t have been, well, news. But these are not ordinary times: Even during the so-called recovery, the legal industry has been shedding jobs.

April saw a loss of 1,100 jobs; March, February, and January saw losses of 500, 100 and 1,100, respectively.

It’s not 2006, when demand for lawyers practically outstripped supply, but it’s a start. A few more months like May, and law schools might be able to stop handing out Prozac alongside the casebooks.

miamiman
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Re: Happy Days Here Again? Legal Sector, Yes, Adds Jobs in May

Postby miamiman » Mon Jun 07, 2010 11:35 am

middle markets to 190?

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Grizz
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Re: Happy Days Here Again? Legal Sector, Yes, Adds Jobs in May

Postby Grizz » Mon Jun 07, 2010 11:35 am

300 jobs? Eh.

JOThompson
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Re: Happy Days Here Again? Legal Sector, Yes, Adds Jobs in May

Postby JOThompson » Mon Jun 07, 2010 11:43 am

That's still a glimmer of hope, certainly it's preferable to zero expansion of the legal market.

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david?
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Re: Happy Days Here Again? Legal Sector, Yes, Adds Jobs in May

Postby david? » Mon Jun 07, 2010 12:00 pm

JOThompson wrote:That's still a glimmer of hope, certainly it's preferable to zero expansion of the legal market.


Your optimisim is inspiring. But more likely than not it is simply a correction for the 2,700 jobs lost from Jan. to April, 300 of which were still apparently needed.

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holydonkey
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Re: Happy Days Here Again? Legal Sector, Yes, Adds Jobs in May

Postby holydonkey » Mon Jun 07, 2010 12:01 pm

happy187 wrote:The legal sector added jobs in May, 300 jobs to be exact. It’s not 2006, when demand for lawyers practically outstripped supply, but it’s a start.
Image

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romothesavior
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Re: Happy Days Here Again? Legal Sector, Yes, Adds Jobs in May

Postby romothesavior » Mon Jun 07, 2010 12:06 pm

Call me when when this is a trend... say in August or September. Until then, I'll remain skeptical. I do hope to go from skeptical ---> cautiously optimistic.

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Lawof_theLand
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Re: Happy Days Here Again? Legal Sector, Yes, Adds Jobs in May

Postby Lawof_theLand » Mon Jun 07, 2010 12:18 pm

I wonder if this is the start of a BP oil spill bounce in legal hiring.

http://www.clickz.com/3640396

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Scallywaggums
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Re: Happy Days Here Again? Legal Sector, Yes, Adds Jobs in May

Postby Scallywaggums » Mon Jun 07, 2010 8:28 pm

romothesavior wrote:Call me when when this is a trend... say in August or September. Until then, I'll remain skeptical. I do hope to go from skeptical ---> cautiously optimistic.


+1




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