Buy custom The Economics of Professional Occupations
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Business
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Number of pages / Number of words: |
4 / 1073 |
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Some also had part-time independent practices, while others worked part time as lawyers and full time in another occupation.
Job opportunities for lawyers can be negatively affected by cyclical swings in the economy. During recessions, demand declines for some discretionary legal services, such as planning estates, drafting wills, and handling real estate transactions...
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During recessions, demand declines for some discretionary legal services, such as planning estates, drafting wills, and handling real estate transactions. Also, corporations are less likely to litigate cases when declining sales and profits restrict their budgets. Some corporations and law firms will not hire new attorneys until business improves, and these establishments may even cut staff to contain costs...
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