| Are any big firms allowing associates to work at nonprofits for a fraction of their regular salary, like in ‘09? That was great and I could use two good litigators right now. |
Not that I've heard. But you might be able to hire one or two on the cheap, assuming you've got some budget. |
This is assuming that clients are hiring in-house attorneys right now. |
+1 Fancy big law castoffs are definitely not sought after for the most well regarded in-house and smaller firm jobs. Check out LinkedIn if you don’t believe me. |
Some companies are and I'm sure they are getting a million applications. It's hard to find an in-house job in the DC area anyway. Using your network will be more important than ever. |
Yes. This is what saved me as a laid-off Big Law lawyer in the last recession. It didn't matter how good my credentials were. But for personal contacts, I was damaged goods |
Then whom would those "well regarded in-house" hire? In-houses do not hire directly from law school. |
| Sorry, but across the list of unemployed friends whom I care about, you guys are at the very bottom! If you didn't save your bloated salaries during the good times, it's unfortunately on you. |
| I saw a big-law attorney furtively picking through a garbage can, presumably looking for scraps of food. When I said hello, he was startled and tried to pretend he was merely glancing into the can. #compassion #tacos |
troll |
Yep. Y’all should have saved for rainy days. |
Indeed, but those who have only known good times always have a hard time adjusting to bad times. This happened in 2001 when the dot-coms went dot-bomb, and again in 2009 when the bottom fell out of the real estate market and the economy. Big law associates during those times felt the same pain associates are feeling today. Careers are very rarely straight trajectories, and it doesn't matter if you did everything right from high school to college to law school to big law. In the end, money overrides prestige. That said, big law firms will try to preserve those associates whose credentials they can sell to clients when the economy recovers. |
Most BIGLAW associates have correspondingly big student loan balances, so there really isn’t the great savings opportunity you think. |
So I shouldn’t have been piling money into reducing my student loans? Not everyone had mommy and daddy paying for college and law school. Not everyone who doesn’t have big savings blew their money on frivolities. |
Exactly, have some compassion. That might be true later, but at the start they are (or should be) just paying off loans. They are going to have fewer job opportunities the longer this goes on. |