Tough times for lawyers

November 9, 2009
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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?
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  1. Excellent initiative on the part of the AG. Thankfully someone takes action against predators taking advantage of people who have already been through the wringer. Well done!

  2. Conour will never turn these funds over to his defrauded clients. He tearfully told the court, and his daughters dutifully pledged in interviews, that his first priority is to repay every dime of the money he stole from his clients. Judge Young bought it, much to the chagrin of Conour’s victims. Why would Conour need the $2,262 anyway? Taxpayers are now supporting him, paying for his housing, utilities, food, healthcare, and clothing. If Conour puts the money anywhere but in the restitution fund, he’s proved, once again, what a con artist he continues to be and that he has never had any intention of repaying his clients. Judge Young will be proven wrong... again; Conour has no remorse and the Judge is one of the many conned.

  3. Pass Legislation to require guilty defendants to pay for the costs of lab work, etc as part of court costs...

  4. The fee increase would be livable except for the 11% increase in spending at the Disciplinary Commission. The Commission should be focused on true public harm rather than going on witch hunts against lawyers who dare to criticize judges.

  5. Marijuana is safer than alcohol. AT the time the 1937 Marijuana Tax Act was enacted all major pharmaceutical companies in the US sold marijuana products. 11 Presidents of the US have smoked marijuana. Smoking it does not increase the likelihood that you will get lung cancer. There are numerous reports of canabis oil killing many kinds of incurable cancer. (See Rick Simpson's Oil on the internet or facebook).

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