7 Ways to Thrive in the Recession
Big-law may have lost its capital b. The American Bar Association reports 4300 job layoffs from big-law firms over the course of the present recession. Add to that small law firms that have closed shop, in-house legal departments that have downsized, non-profit law firms that have reduced staff, and law school grads that didn't get offers, and you may notice that the legal profession is weathering one tough season.
But before you take "J.D." off of your resume, consider the advice of Julie A. Fleming, Atlanta attorney-turned-life coach who recently hosted a session titled "Seven Secrets Every Lawyer Must Know to Thrive, Even in a Recession." For all associates, greedy or not, here are the pearls of wisdom she bestowed:
Don't dwell on bad economic news to the extent that you worry about problems that may not occur and miss opportunities right in front of you.
Be ruthless with time, not only with client matters but with career goals and professional development.
Listen carefully, not only to what others are saying, but to their tone of voice, speech patterns, choice of words and body language.
Network in the "right" way with the "right" people, and then follow up.
Be innovative about what you have to offer.
Educate yourself on the basics of business for yourself and for clients.
Build strong connections with other similarly situated lawyers.
- '7 Secrets' to Help Lawyers Thrive in a Recession (ABA Journal)
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