Volatility?
No one likes uncertainty; but career uncertainty will be with the legal profession for the foreseeable future. There is continued volatility in the stock market and many businesses are sitting by the sidelines waiting for a sign that it is okay to proceed with deals (some are waiting for credit to become more freely available so that deals can be financed.)
Does this mean that you should be sitting by the sidelines as well? While it may be a harder time to make a lateral move, if you are thinking about a move or if you are concerned with a precipitous drop in work in your department, don’t let volatility stop you from gathering information. Don’t let uncertainty in the marketplace put you on the sidelines. Even if law firms and corporations are going to be more measured in making hiring decisions in the coming months, it is never too early to cultivate relationships.
It is easy to convince yourself that now is not a good time to look. It may not be the best time to get hired; but you may be missing good opportunities to position yourself if you simply sit out the downturn.
Furthermore, if you are a partner with a portable practice, there does not seem to be any slowdown in demand for you. If you are unhappy with your current platform, many firms will be happy to speak with you.
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Related posts:
- White Knuckles–part II
- Let’s All Hurry Up and…Wait
- A Resume Must Tell the Whole Story
- Beware unscrupulous recruiters
