Despite the barrage of headline-grabbing tech company layoffs lately, the bottom has not fallen out of the in-house attorney market, recruiters say. Far from it, in fact.

"The sky is not falling," said Julie Q. Brush, CEO of Redwood Shores, California-based Solutus Legal Search. "There is still hiring activity in the market. I think that will continue."

Added Mike Evers, president of Chicago-based Evers Legal Search: "There are clearly factors at play that would speak to a slowdown over time. But we are not in a hiring recessionary environment for legal work. We are still in a situation where demand exceeds supply."