How Aggressively Should Firms Re-Hire?
JP Morgan recently announced plans to hire 1200 to staff up its real estate lending capabilities. This is as aggressive a hedge on the recovering market as I’ve seen, in an economy where we still see nothing but mixed signals.
Banks aren’t law firms, of course, but the two industries have a great many parallels. The bursting of the real estate bubble had marked effects on both banks and then law firms, and we’ve seen significant downsizing in both industries. JP Morgan’s bullish hiring makes me wonder: are there law firms who might aggressively start hiring in anticipation of a healthy economic rebound?
I suspect we will see a great deal more reluctance within law firms to over-hire than we might see in other industries. I do see firms trying to predict the perfect time to hire opportunistically before the hiring market becomes competitive again. When we look back, who will be the firms that timed the market right?
INTERESTED IN IMPROVING YOUR CAREER? CHECK OUT …
|
THE CAREER TRANSFORMATION SYSTEM TM SIGN UP NOW! |
Resources
Search Jobs
Post Your Resume to 65+ Job Sites
Resume Service
Post Footer automatically generated by Add Post Footer Plugin for wordpress.
Related posts:
- I am from Akron, OH, but I’d love to work in New York or Los Angeles. Do big-city firms only hire those whose past experience was gained in other large cities?
- Do Law Firms Generally Have Hiring Freezes During the Holiday Season, or is This as Good a Time as Any to Aggressively Pursue a New Job?
- Things are looking up…
- More on Best Firms for Women
- Pick Your Practice Area Wisely
- How much do hot practice areas vary from state to state?
