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Leigh Jones, associate editor for The National Law Journal, provides an anecdotal account of how job losses have been affecting young lawyers. Ms. Jones reports that “[l]ast month alone, an estimated 1,100 attorneys lost their jobs at major law firms, which means that the market is choked with highly educated former associates whose severance is running out and whose bills are piling up…

For the first time in their lives, many of these lawyers are struggling with a profound feeling of failure. And while they acknowledge that their troubles are just a part of the jobless scene nationwide, such perspective provides little comfort for these high achievers who are grappling with a loss of purpose and direction.”

The rest Ms. Jones’ article, entitled “Laid-off lawyers find themselves adrift”, as published March 9, 2009, in The National Law Journal, can be found here.