Tough times for lawyers

November 9, 2009
Back to TopCommentsE-mailPrintBookmark and Share
It’s been a tough year for attorneys, especially associates, according to the National Law Journal’s 2009 NLJ 250. In fact, the publication reports that this is the worst year for attorneys as far as how many are practicing since it began counting lawyers at big firms 32 years ago.

Based on NLJ’s research, more than 5,200 attorneys are no longer working at the top 250 firms; associates and “other” attorneys were hit the hardest. The percentage of those attorneys shrank by nearly 9 percent each. Not surprisingly, partner employment remained about the same.

The NLJ estimates a 4 percent drop in attorney headcount as compared to last year. This is only the third time headcount has dropped since the NLJ has been keeping track of attorneys at the top firms and is the biggest drop it’s seen. The publication also believes this may just be the beginning of declining attorney numbers.

Several firms with Indiana ties made the top 250 list, including: Littler Mendelson at 45; Barnes & Thornburg at 87; Ogletree Deakins Nash Smoak & Stewart at 100; Frost Brown Todd at 113; Taft Stettinius & Hollister at 139; Baker & Daniels at 149; and Ice Miller at 169.

Of the big three based in Indiana, Barnes had the best results by jumping up nearly 20 places from last year. The firm even bucked the trend and added seven associates. Baker and Ice both dropped compared to last year. Baker added 12 attorneys, but reduced the number of associates by 24. Ice lost 16 attorneys and reduced its associate numbers by 13.

Are you surprised at how Indiana firms faired? Is this really just the beginning of the downturn for top law firms or will the economy improve in time for next year’s numbers to be better?
ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in Indiana Lawyer editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT
  1. Is it possible to amend an order for child support due to false paternity?

  2. He did not have an "unlicensed handgun" in his pocket. Firearms are not licensed in Indiana. He apparently possessed a handgun without a license to carry, but it's not the handgun that is licensed (or registered).

  3. Once again, Indiana's legislature proves how friendly it is to monopolies. This latest bill by Hershman demonstrates the lengths Indiana's representatives are willing to go to put big business's (especially utilities') interests above those of everyday working people. Maassal argues that if the technology (solar) is so good, it will be able to compete on its own. Too bad he doesn't feel the same way about the industries he represents. Instead, he wants to cut the small credit consumers get for using solar in order to "add a 'level of certainty'" to his industry. I haven't heard of or seen such a blatant money-grab by an industry since the days when our federal, state, and local governments were run by the railroad. Senator Hershman's constituents should remember this bill the next time he runs for office, and they should penalize him accordingly.

  4. From his recent appearance on WRTV to this story here, Frank is everywhere. Couldn't happen to a nicer guy, although he should stop using Eric Schnauffer for his 7th Circuit briefs. They're not THAT hard.

  5. They learn our language prior to coming here. My grandparents who came over on the boat, had to learn English and become familiarize with Americas customs and culture. They are in our land now, speak ENGLISH!!

ADVERTISEMENT