Legal Market Experts Discuss Firm Deferrals

Leigh Jones published a piece in the National Law Journal today (available via law.com) containing some troubling news for members of the Class of 2009 and 2010.  Legal market followers express a great deal of skepticism about whether firms will be able to start graduates from these classes when they say they can.  These experts note a “pile-up of talent” and uncertainty among firm leaders about “what their next business model might be” and how exactly new associates will fit into it.   Their conclusion is that “most firms won’t need all of their deferred associates once the deferral date arrives.”