US-Großkanzlei-Arbeitsmarkt weiterhin am Boden

Die NY Times beleuchtet das unruhige Fahrwasser der diesjährigen Recruiting Season: How bad is it? Skadden, Arps, Slate, Meagher & Flom, the juggernaut of New York, has slashed its hiring by more than half. For the first time in 136 years, Morgan, Lewis & Bockius, a respected Philadelphia firm, has canceled its recruiting entirely. Global firms like DLA Piper and Orrick, Herrington & Sutcliffe have postponed recruiting for several months to see if the market improves. At Yale, students accustomed to being wooed by Big Law’s glittering names — like Baker & McKenzie; Milbank, Tweed, Hadley, & McCloy; and White & Case — were stunned when those firms canceled interviews in New Haven this month. New York University, Georgetown, Northwestern and other top universities confirm that interviews are down by a third to a half compared with a year ago, while lower-…