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: jurabilis - German bLAWg from Berlin.

US-Rechtsmarkt: Vergleichsweise schwere Zeiten

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The U.S. legal service sector lost 1,100 jobs in May, according to U.S. Department of Labor statistics released Friday.

The decline marked three consecutive months of losses for the industry and made up part of the 49,000 jobs lost in the overall market last month. The national unemployment rate increased to 5.5 percent, the highest increase in two decades, according to The New York Times.

Legal jobs were down 1.4 percent, the same decline the industry posted in April. That month, the sector lost 1,900 jobs.

Layoffs at large firms, along with tightening throughout the market generally, contributed to the lost jobs last month. Among the largest firms to shrink their payrolls was Sonnenschein Nath & Rosenthal, which cut 124 lawyer and administrative positions [37 attorneys, 75 staff members and 12 non-lawyer timekeepers, A.H.]. Hiring remains slow, making it harder for lawyers and nonlawyers to find new jobs in the sector.

[AmLaw Daily]

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Full post as published by jurabilis - German bLAWg from Berlin. on June 08, 2008 (boomark / email).