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Ed. observe: Welcome to our every day characteristic, Quote of the Day.
It’s fairly potential we’ll see extra layoffs this 12 months. On the very least, I count on we’ll see corporations making fast termination choices for any efficiency points. There may be solely so lengthy corporations are keen to hold extra capability.
— Nikia Grey, NALP’s government director, in some further evaluation given to Bloomberg Law on the group’s latest report on lateral hiring within the authorized market. Lateral hiring was down 35% in 2023, following 2022’s lower of 11.5%.
Staci Zaretsky is a senior editor at Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be happy to email her with any suggestions, questions, feedback, or critiques. You may observe her on Twitter and Threads or join along with her on LinkedIn.
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