Ed.
note:
Welcome
to
our
daily
feature,
Quote
of
the
Day.
It’s
quite
possible
we’ll
see
more
layoffs
this
year.
At
the
very
least,
I
expect
we’ll
see
firms
making
quick
termination
decisions
for
any
performance
issues.
There
is
only
so
long
firms
are
willing
to
carry
excess
capacity.
—
Nikia
Gray,
NALP’s
executive
director,
in
some
additional
analysis
given
to
Bloomberg
Law
on
the
organization’s
recent
report
on
lateral
hiring
in
the
legal
marketplace.
Lateral
hiring
was
down
35%
in
2023,
following
2022’s
decrease
of
11.5%.
Staci
Zaretsky is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
tips,
questions,
comments,
or
critiques.
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can
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and
Threads
or
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her
on
LinkedIn.
