Q: The firm that I work at has been having financial difficulties due to market conditions, and last month, it laid off a few associates along with cutting everyone’s pay. Given that there has not been any improvement, I’m afraid that as a first-year associate, I will be let go soon.
I haven’t applied to any positions yet, and am torn as to whether it is a good idea to do so. First, I don’t think that I have enough experience under my belt to be marketable. Second, the experience that I do have is somewhat limited by the fact that there have been few deals in the last couple of months. Third, I’m afraid of taking time off from work to go interview.
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