PHILADELPHIA – Authors’ note: Prestia is the author of the introduction to this article and his co-authors wrote the remainder.
From reports published daily, detailing layoffs, furloughs and salary cuts at firms of all sizes and in all areas of the law, a scenario of infectious negativity seems to dominate the legal industry. Accompanying each of these reports, the public relations statements of the firms involved tell a different story: “Today’s tough times have required some reductions, but we’re optimistic going forward.” Inferentially, the word “hopefully” probably should appear in all of those statements. As a managing partner in a firm of a type not in the news (a traditional intellectual property firm with 35 lawyers and about 100 employees), I was concerned as to how new associates in firms like ours react to this infectious negativity, emanating as it does from much larger firms. To learn more about their reactions, I asked the first-year associates in my firm to express their views on the subject. Here is their response:
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
