Comments on: Law graduates – the crunch effect

By: The Law: a safe harbour? | Solicitr

The Law: a safe harbour? | Solicitr — Tue, 28 Oct 2008 10:50:50 +0000

[...] our recent look at the challenges facing law graduates, it is becoming apparent that an increase in the flow of [...]

By: anon

anon — Fri, 17 Oct 2008 11:25:47 +0000

I’d rather be a lawyer than a banker right now although I suspect the Banking sector will be recovering (albeit slowly) by the time many of these newbies start working in their chosen careers.

By: City Mickey

City Mickey — Fri, 17 Oct 2008 11:17:35 +0000

Safe haven? What because a raft of major law firms haven’t actually gone belly up yet and made front page news.

Have these lemmings not seen how many layoffs there have been – not to mention the undeclared redundancies any lawyer knocking around the City knows has been happening for months now…

Here’s the real news for you – law is over-subscribed as a profession, is still affected by the ebb and flow of the economy and yes it does suffer redundancies!

Some of the major international firms will escape the full force of a downturn over here but any that have a large City presence are still going to feel strongly the effect of a UK recession. Furthermore we are probably looking at a global downturn. I would love to be proved wrong but watch this space…

By: anon

anon — Fri, 17 Oct 2008 11:08:47 +0000

safe haven – like that

guess they haven’t got wind of all the stealth redundancies that law firms have been engaged in

the redundancy consultations are just a sign of how bad it is – it means firms can not longer afford just to pay people off and hope they p*££ off quietly

By: Cool Hand

Cool Hand — Fri, 17 Oct 2008 10:05:32 +0000

Safe Haven………….about as safe as a real estate lawyer in Manchester.

By: Haha

Haha — Thu, 16 Oct 2008 11:56:39 +0000

Boom, boom, boom…

more legal eagles to dilute the markets.

sweet.