This Autumn has been full of unfortunate falls. We have yet to see if professionalism in the law will expand or contract, and if lawyers will be viewed more positively or negatively during these times of the R word.
But even closer to home, we are all asking ourselves: Was the boom in financials directly related to the boom in law firms? (oh yes, those of you in denial, that was a boom) In New York and probably everywhere else in the country you have to say yes. How is the bust going to affect us lawyers, or me associate/counsel/junior partner/partner? I think we have already seen some of the effects.
Don't hold your collective breaths because there is inevitably more to come . . . .
TFP (task force on professionalism) blog - observations on the legal profession
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