Law.com links to two stories today: one is about how the Lehman bankruptcy and the sale of Merrill Lynch is likely to affect Biglaw corporate practices. A managing partner of a major NY firm is quoted as saying: “It’s a question of whether you’re fortuitous enough to be representing a financial institution that survives or whether you represent one that’s not going to be around much longer.” The article also points out that the plaintiffs’ bar will also likely be negatively affected.
The second story reports on one bright spot in the legal job market: the growth of in-house Clean Tech opportunities.