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Law Students

: Ms. JD

Is the Profession in a Crisis? And, Can Better Work/Life Balance Ride in on the Coattails of Reform?

By KHernan881

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There is an interesting article titled, Will a bad economy force more changes in the profession? by Diane Curtis on the front page of the California Bar Journal dated January 2009.  It opens with:

While some people hope the flagging economy will get law firms to rethink how they bill clients, others are warning that associates had better churn up the billable hours or face the prospect of losing their jobs.

The article explore many pressures that law firms are feeling today:

  • Clients that don't want to pay associates at partner-level billing rates.  (The article says that large law firm prices jumped almost 75% over the last ten years.

read more

Full post as published by Ms. JD on January 14, 2009 (boomark / email).

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