The legal industry is struggling to find enough work for its lawyers – and layoffs are beginning to bite — from fortune.com by Eleanor Pringle
Excerpt:
He said: “This is not simply a U.S. issue or a legal services issue. It is a global one.
“Any economic downturn will inevitably also hit the legal services sector. However many international law firms have practice areas that are both cyclical and counter-cyclical, so those differing components of the practice become busier to support that which is less so.
“We all hope that any downturn is short lived. Everyone has been through a lot these past few years, no business wants to have to restructure at this stage.”
Speaking of legal-related items, also see:
DoNotPay will pay any lawyer or person $1,000,000 with an upcoming case in front of the United States Supreme Court to wear AirPods and let our robot lawyer argue the case by repeating exactly what it says. (1/2)
— Joshua Browder (@jbrowder1) January 9, 2023