Layoffs and Legal Recruiters Confirm Associates’ Hunch: It’s a Buyer’s Market
The job market got a bit colder this week when word broke that Sonnenschein Nath & Rosenthal had laid off 37 lawyers as well as dozens of staff. Those lawyers will join a job market that recruiters say is requiring more patience from laterals. Recruiters also say the market is worst for junior associates. Although they previously had an easier time finding jobs than senior associates, now firms are hiring associates with more experience.
