OverFlow Legal

http://www.law.com ― Third-year students at law schools across the country are about to graduate and enter a brave new legal world. It's a world in which attorney layoffs don't come as a shock to anyone, pay freezes are par for the course and law firms hope they have enough work to keep their lawyers busy.

So what do 3Ls make of the changes that have rocked the law profession since the economy started to nosedive in September? Well, they aren't panicking -- for the most part. Many feel fortunate that they completed summer internships before the financial markets plummeted and firms pulled back recruiting efforts.