Wednesday, March 11, 2009

Two Cautionary Notes

The weather has been beautiful, the DOW has been up for over fifty hours, and spring break is right around the corner. Not to be a debbie downer or anything, but I'd like to share two tidbits from my afternoon.

First, this list from The Shark. It is a compendium of information from various law blogs about layoffs and shortening of summer programs. The list is disturbingly long, but The Shark has made it handily alphabetized and searchable via your browser's toolbar, so you should be able to cut straight to your firm and get right down to chewing your fingernails and devouring comfort food.

If you're still feeling cheerful, The Shark has also has an ongoing feature of 3L's who are jobless and hunting.

Second, let's not gloat about the recent spike in the DOW, okay? I sat through part of a conversation today wherein two people seemed to genuinely believe that the worst is behind us. They explained how in theory, this kind of jump is "all it takes." To which I reply (quoting America's greatest aphorist): "In theory there is no difference between theory and practice. In practice there is."



Anonymous Anonymous said...

That first link is extremely helpful, Patrick. Nice find. Thanks.

3/11/2009 7:06 PM  
Blogger caley said...

Ha! My favorite insert in that table for Heller, Thatcher, and Thelen:

"All 3L offers 'rescinded' when firm dissolved"

The use of quotation marks reminds me of this blog.

But all joking aside, my sincerest condolences to those of you negatively affected by all this madness.

And to think, I came to law school to avoid the real world. Now I feel like I'm being thrown back into it at the worst possible time. Maybe it's time I start applying to med school.

3/11/2009 7:32 PM  
Blogger Dan said...

Yeah, it's particularly fun for those of us who thought about chasing some dream career but then chose law because it was the safe option. HA! Oh well, I suppose we'll all find jobs eventually.

And the DOW situation really is encouraging. I'm sure we'll have a few more slips--probably major slips--but at least we know it's still capable of rallying.

It's going to be fun when companies start merging/acquisitioning again, and no firms have transactional departments. (Hopefully, I did not just reveal the shamefully shallow limits of my knowledge of transactional law.)

3/11/2009 11:48 PM  
Blogger McWho said...

It's ok Dan, you are a litigator at heart anyway.

3/13/2009 12:15 AM  

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