Question for Hiring Partner
Posted: Tue Oct 09, 2012 12:20 pm
From Politico:
"Citigroup CEO Vikram Pandit was in D.C. last month for meetings with top leadership on both sides. Citigroup has also been circulating a research report produced by its analysts arguing that going off the fiscal cliff would result in a drag on the economy of $800 billion, or 5 percent of gross domestic product, in 2013 and produce an unemployment rate above 8 percent in three years. Alternatively, the Citi analysts argue that a “grand bargain” that avoids the cliff and forces action next year on tax and entitlement reform could lead to a 3 to 4 percent growth rate and 6 percent unemployment rate in three years."
How reactive is BigLaw hiring? If we get a deal, will hiring pick up in anticipation of economic activity, or will it only pick up after such activity comes to pass?
"Citigroup CEO Vikram Pandit was in D.C. last month for meetings with top leadership on both sides. Citigroup has also been circulating a research report produced by its analysts arguing that going off the fiscal cliff would result in a drag on the economy of $800 billion, or 5 percent of gross domestic product, in 2013 and produce an unemployment rate above 8 percent in three years. Alternatively, the Citi analysts argue that a “grand bargain” that avoids the cliff and forces action next year on tax and entitlement reform could lead to a 3 to 4 percent growth rate and 6 percent unemployment rate in three years."
How reactive is BigLaw hiring? If we get a deal, will hiring pick up in anticipation of economic activity, or will it only pick up after such activity comes to pass?