As the legal industry adjusts to an employer-driven market for talent, some firms are hesitant to conduct layoffs, instead opting for more subtle adjustments to their associate ranks.
David Nicol, a partner and owner at legal recruiting firm Marsden, observed that some firms are adjusting class years in a reversal of pandemic-era agreements. “Several firms are holding people back or asking them to go down a [class] year,” he said.
