Recruiter and consultant Katharine C. Patterson says this time of upheaval for law firms is "a time of despair and delight." Not because of schadenfreude, but because Patterson is taking the long view after having worked through three major legal recessions. She notes that previous recessions brought some important changes to the legal world, and she predicts several great leaps forward that this recession could bring, including the end of lock-step compensation and changes in law school recruitment.
Tough Times for Law Firms, Lawyers May Be Catalyst for Positive Change
April 6, 2009