INSIGHT: Legal Hiring in a Recession—Lessons From the Past Downturn

摘要

Retaining outstanding attorneys is key for law firms during the pandemic as they react to the pandemic and alterstrategies to stay competitive. Robert Major, founding partner of Major, Lindsey & Africa, says now—as in pasteconomic downturns—is not the time for law firms to curtail hiring.As the coronavirus pandemic rages across the globe, law firms and corporate legal departments are being hit hard.Deal work, including IPOs and M&A, is shrinking. Trials are being put on hold. Budgets are being scrutinized foropportunities to cut costs. Productivity is arguably down, as employees have transitioned from an oce workenvironment to home—often with a full and restless household.