NY lit market is down? Forum
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Anonymous User
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NY lit market is down?
Looks like NY litigation market is in pretty bad shape. Basically none of the major biglaws hire litigation laterals and post-clerkship hiring becomes very tough right now as it seems. Anyone can confirm the market situation? Will this make firms to force SAs into corp?
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Re: NY lit market is down?
There’s a bunch of doom and gloom in the post-clerkship thread, but that’s pretty typical. And maybe it’s just early? Some people don’t land post-clerkship gigs until summer, so a lot of firms might just be biding their time.
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Re: NY lit market is down?
Transactional is not more busy than lit so nobody is forcing anyone from lit to corp (a year ago was a different story).
What's happening now is firms have a hiring freeze. Even if they don't admit it or publicly announce it, every firm is limiting hiring until the economic situation is more clear. It's a firmwide policy. So even if lit needs bodies, they can't do anything about it now.
What's happening now is firms have a hiring freeze. Even if they don't admit it or publicly announce it, every firm is limiting hiring until the economic situation is more clear. It's a firmwide policy. So even if lit needs bodies, they can't do anything about it now.
