For most industries, 2023 is a year of accelerated clearance for practitioners. Resources are limited, customers are limited, and only the fittest can survive in winter. The lawyer industry is no exception, the red circle of the head is no longer beautiful, and it is not uncommon for officials to announce salary cuts and disguised layoffs. The living space of small and medium-sized law firms has been further squeezed, and residents' willingness to spend has decreased, and their willingness to pay for legal services and their ability to pay have inevitably declined.
For recent graduates, they lack skills, experience and social connections, and they are the most vulnerable and in need of industry care. But if there is not much room for industry practitioners to nurture new talents and wait for them to grow, will graduates still have a chance to grow?
Compared with public security, procuratorate, national ministries and commissions, and university professors, lawyers are the profession that most directly embraces the market in the legal profession. The current market situation is indeed not optimistic, but if we choose a relatively stable establishment position, we have no way to judge whether the treatment and growth will also be affected by the market. In fact, every generation of young people makes their own choices in the fog of information, and if they step on the pulse of the times, they will get twice the result with half the effort; If you step on the wrong rhythm, you will inevitably take some detours, and the high-talent students in the financial industry in recent years are the best example.
If fresh graduates still want to be lawyers, how to choose a law firm and direction, which is relatively stable and developing?
First, recognize the law firms and masters that can make money, and don't work with people who can't. In the cold winter, he can still maintain a decent partner to generate income, which means that his customer source is also the most stable and able to pay in the society, which is the concentrated embodiment of valuable production resources. Follow the right big brother to drink good soup. If you are tired of running around at this moment, and the partners and platforms with limited income, you should think about whether he can provide stable positions for graduates.
Second, the more the economy slows down, the more we must pay attention to the "stock business" brought about by "stock activities". What do you mean? In the general direction, litigation, dispute resolution, bankruptcy and reorganization are the stock business caused by the problems of commercial entities; Corporate listings, new mergers and acquisitions, financing activities, new asset management product issuances, and ** are the incremental business brought about by incremental economic activity, which is expected to be lowered in the current environment. The reason is very simple, the company's next round of financing can be slowed down, but the company's life and death matters are impossible without lawsuits; And the worse it is, the more bizarre dispute resolution there will be.
If you have already chosen the "incremental business" mentioned above as the business direction, don't worry, look down. If the main customer is the company, what are their day-to-day needs at the moment? For example, labor law and labor arbitration needs in terms of layoffs; the needs of company law brought about by the company's capital reduction and structural adjustment; If not, learn and pay attention.
The final suggestion is mental, eight big words: lower expectations and practice internal skills. The first four words are the truth that will never be broken in the current situation; It is also useful in psychology, when the reality is higher than expected, you will feel satisfied and happy; On the contrary, it is confusion and self-pity. The last four words are more applicable to young people who entered the industry during the low tide of the industry, and maybe the next decade is the time for them to stand at the end of the tide of the times?
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