2024-25 Economic Trends Affecting the Job Market

On November 17, 2024

I am often asked what I’m seeing. The short answer: the job market is better than last year and seems to be improving. I’m testing the market and consuming reports for you. Analysis from this past week: Highlights from the LinkedIn newsletter The Work Shift (“Keeping you informed about the economy, labor market and evolving […]

Change, Departure, Market, Timing

The “Great Resignation” Is Over. What Does That Mean?

On July 16, 2023

The NYT reported the Great Resignation is over — the rate workers quit their jobs has fallen almost to pre-pandemic levels. Will workers keep gains made (flexibility on in-office, high pay, etc.), or will employers regain leverage (especially as the economy remains unstable)? NYT thinks the “pendulum may be swinging back toward employers,” and I agree. […]

Career Tips, Change, Market, Move, Timing

2 Helpful Resources for Job Seekers

On May 21, 2023

Helpful resources for job seekers in today’s market are Layoffs.fyi and its sister site Comprehensive.io. The NYT recently profiled the founder of both, Roger Lee, a San Francisco entrepreneur, for “catalog[uing] hundreds of thousands of tech job cuts.” Interesting insights: The founder believes the industry will “100 percent” bounce back. I agree. I have lived […]

Change, Departure, Market

How Companies Decide Who Gets Cut

On April 30, 2023

In this time of layoffs, how do companies decide who has to go? WSJ reports that in the past companies often laid off the junior employees first. Now, however, these five factors guide who is laid off: Deprioritized skills Deprioritized business Pay (too high) Job performance (poor) Percentage of the company cuts (across the board) […]

Career Management, Change, Departure, LinkedIn

5 Positive Things You Can Do When Things Are Going to Hell in a Handbasket

On March 12, 2023

Tough times now for lawyers, who are overworked or getting laid off. What are some things you can do to make the best of a bad situation? Post-layoff, how do you interact with folks? Join an employee alumni group (or start one). Stay in touch with coworkers still there. They likely will want to help you […]

Change, Departure

Hit by the economy? What will a prospective employer say?

On December 18, 2022

If your job was impacted by the economy, how will prospective employers react? They are generally pretty understanding. Here are the top reasons I’ve seen employers accept for lawyers to change jobs/have a gap: economic downturn, e.g., last in/first out, the product/team supported was hit, or your startup became unstable. headquarters/office move, and you didn’t […]

Change, Job Search, Resume

Laid Off? What to Do with Your Resume

On November 20, 2022

I appreciated this timely LinkedIn article on crafting your resume post-layoff. These points directly apply to lawyers: Think about what job you want next. Take a little time “to reassess your career and determine what direction you’d like to go in.” Also, process any bitterness so there is no trace of it when you start interviewing. (Employers […]

Change, Timing

How Short a Stint at a Job is OK?

On October 22, 2022

This past week UK’s Prime Minister Liz Truss resigned, making her the shortest serving PM in British history, which got me thinking of how short a lawyer can stay at a job without raising eyebrows. A few thoughts: If your company was just acquired, a short stint is very understandable. It’s standard knowledge an acquisition […]

Career Management, Career Tips, Change, Departure, Market, Timing

5 Non-Obvious Signs of Impending Layoff

On September 25, 2022

As the risk of recession increases, here’s a good article on how to tell if your company is about to do layoffs (beyond if you see a steep drop in revenue or a threat emerge to the business model). I survived multiple rounds of layoffs when I was in-house, and these ring true to me: […]

Change, Departure

Should I Stay or Should I Go? (Hint: One Makes More Money)

On July 31, 2022

I recently posted that now is a good time to change jobs since the economic outlook is not great. In fact, the best case scenario for the US economy is to avoid a recession. (See NYT article The Big Economic Question: It is not whether the U.S. is in a recession. It’s whether the economy […]

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