Back in November I told you about an ABA Journal Survey of lawyers regarding the impact of recession on their practice. Today, as part of the special recession issue, they’ve shared the results.
The numbers that jump out at me, and not just because they are front and center of the page, are that 31% of attorneys expect to see attorney layoffs at their firm, and 19% expect to lose their jobs because of the economy.
Wow, think about that for a moment, 1 out of every 5 attorneys expects their own job to be cut because of current conditions in the legal industry. That’s sobering for lawyers, for legal staff that has to be more than sobering. After all, non-lawyer staff is probably more likely to see layoffs!
That’s why it’s so important to be out growing your network and making connections. The more people you know, the more options you have if you need to turn to your network. Get out and cultivate those relationships now, before you find yourself looking for work!
Check out all the articles in the Special Recession Issue, seems like there’s a lot of good information in there that might help you deal with what’s going on, including advice on what to do if you do find yourself laid off.