The American Lawyer has published a great precis of what’s been happening in the US legal market over the past few months..in terms of layoffs..
This article is well worth a read as they’ve done all the adding up for us.
They write:
Legal Sector Lost 1,300 Jobs in January
The legal service sector continued to slash payrolls in January with a loss of 1,300 jobs throughout the industry, according to U.S. Department of Labor statistics released Friday.
The job losses in the legal sector were just a fraction of the 598,000 jobs shed throughout the United States last month as the national unemployment rate rose to 7.6 percent.
Since the current recession began in December 2007, the economy has lost 3.6 million jobs, about half of them in the last three months. The legal sector alone has shed 14,500 during that period, Bureau of Labor Statistics reports show.
