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Will Goldman Sachs & Co. spur a Biglaw recovery?

Posted: Thu Apr 22, 2010 4:08 pm
by sfdreaming09
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/

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

Posted: Thu Apr 22, 2010 4:21 pm
by swester
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 ... b/article/

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

Posted: Thu Apr 22, 2010 10:30 pm
by DerrickRose
swester wrote: Also, speaking of meltdowns:

http://blogs.wsj.com/law/2010/04/19/how ... b/article/
Hey that's my Torts professor quoted in that article!

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

Posted: Thu Apr 22, 2010 11:30 pm
by ZXCVBNM
i hope so