Cover Story: In Search of the Downturn's Laid-Off Associates

, The American Lawyer

   | 2 Comments

Some are at smaller firms, and some left the law altogether: Stories of six of the recession's survivors.

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What's being said

  • not available

    Many displaced associates and contract lawyers are finding they can hang their own shingle and go solo. A growing trend is to partner with other lawyers and create low overhead virtual firms.

    The future isn’t in “BigLaw”, that model is dead (yet the players don’t know it yet.) The virtual movement is still in its infancy but will likely grow as more big firms collapse and more quality lawyers are displaced.

    Brian Mahany
    Mahany & Ertl - Milwaukee
    www.mahanyertl.com/fbar-lawyer/

  • not available

    Nice to see there was a happy ending for everyone who was laid off. If you wanted to show a true representation of those laid off from big law, you should have spoken to at least some of those from Davis Polk, Latham , Cadwalader, etcetera who ended up as contract attorneys or in dead end jobs. Incredibly one-sided story.

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