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Reply to "Big law layoffs: how long until you landed?"
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[quote=Anonymous][quote=Anonymous]He's focusing on NY as well as DC (we both have siblings there) but its just so quiet. He's a 7th year corporate attorney. He worked in private equity specifically but also general finance related deals when things started slowing down. Both of us feeling like he will never work again but everyone he speaks with keeps encouraging him to keep looking...[/quote] Way too much capacity in the legal industry now. The financial crisis was like hitting a reset button. Unless your DS has his own clients, which is now expected of senior associate lateral candidates, he should either try to get an in-house job in the NYC area or change careers. It is easier for a law firm to lay off a 7th year and call it "up or out" than lay off a 4th year and call it a layoff. [/quote]
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