Our economy is melting away jobs for lawyers. Slow practice areas include real estate, mergers and acquisitions and capital markets. If you are a lawyer working in that area, beware. For example, at Chicago based Bell Boyd & Lloyd, 10 associates were let go.
“Like many firms, Bell Boyd is facing unprecedented market conditions and we are taking measures to ensure the firm’s efficient operation and growth,” said Managing Partner Nancy Bertogio in a prepared statement. “This is a belt-tightening measure that will put us in a better position to ride out the economic storm and remain competitive in what we expect will be a challenging business environment for law firms and our clients.”
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