Great article in NALP’s most recent bulletin addressing the ongoing debate as to whether the changes we are experiencing in law firm hiring patterns are merely temporary (and will revert to what they were when the economy improves) or whether they are reflective of a burgeoning fundamental restructuring of the way law firms do business.
The author, Bill Henderson, is a law professor at the University whose scholarship focuses on the empirical analysis of legal labor markets and the development of human capital for legal service providers.
He takes the position that the legal industry is, in fact, beginning to undergo a “fundamental reordering” that will have profound effects not only on law firms, but law schools as well.