Reuters recently reported that more and more college graduates are choosing Washington over Wall Street for their first jobs. While many students – approximately 80% – have reported having no jobs after graduation, they now feel the strong pull of public service and quite frankly, see that Washington D.C. is one of the few places currently hiring. It is hard to pinpoint any one reason for the influx of college graduates to D.C., it is clear that the combination of the economic downturn, the appeal of president Barack Obama, and the growing desire to commit to public service all have contributed to this shift.
June 14th, 2009
Posted by
opia |
Jobs, News |
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The New York Times jumped into the fray of documenting the decline of the modern day law firm. In this article, the Times provides a close analysis of the prestigious firm, White & Case, based out of New York and with offices across the globe. The firm recently announced they laid off 200 attorneys of its over 2100 lawyers, a drastic step the firm was forced to take based off the economic downturn.
The Times attempts to use the situation of White & Case as a microcosm for the overall problems that are currently plaguing top law firms. While different law firms have felt different repercussions, it is undeniable that many top firms have felt the great strain of the economy. White & Case highlights the fall from the grace that many of the top firms have been going through.
June 14th, 2009
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opia |
Uncategorized |
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