Business-Handshake

 

The subprime mortgage crisis of 2007 to 2010 saw financial corporations scrambling for attorneys with banking and mortgage foreclosure expertise. The extraordinarily high demand for these lawyers, coupled with the high costs associated with adding headcount, caused many of these organizations to look to contract attorneys for support. Those that had not used temporary staffing in the past were pleasantly surprised by the level of expertise they were able to find, as evidenced by the number of contractor attorneys who were ultimately converted to permanent positions within these firms.