Goldman Sachs has reported a 47% drop in second-quarter profits. What will the 2L hiring cycle look like this year? Some law firms were hiring a lot last year because business picked up in covid. Is the hiring trend decreasing now?

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They beat earnings and revenue expectations. Hiring probably decreases this year bc the market isn’t as hot but I don’t think it’s as doom and gloom as everyone wants to make it seem.

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I don’t see any imminent sign of hiring slowdown for the upcoming 2L hiring or ongoing lateral recruiting at my firm (and they are eager to secure next year’s summer class from various target schools as early as possible), but who knows maybe next year’s hiring will look much different from now.

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May I ask you what firm ?

Buckle down for a recession. Mass layoffs should be around the corner. Not sure about the 2L hiring cycle.

That was very smart.

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