Lawyers who believe their profession is recession-proof have short memories. Although 2019 seems more than a decade away from 2009, the warning signs of a looming downturn are beginning to flicker. More lawyers are aking if content can make their law firm recession-proof.
The job losses that rocked the legal profession 10 years ago were, according to Above the Law, “brutal.” The blood-letting left about 6,000 attorneys looking for work. Big law bore the brunt but small law took a hit too.
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