Careers in law tend to go better with a Golden Rolodex. This fall, 6 White House aides will start at Harvard Law School, reports Amie Parnes at POLITICO. Given their already established network and the fact that they'll be matriculating at a top law school, this Gang of Six won't have to go into high angst about the uncertain legal market.
It could become even more uncertain as Wall Street goes into layoff mode this summer because of lousy profits. The activity level on Wall Street rules the metabolism of a number of brandname law firms. They have been recovering. That life in the sun could darken.
In addition, the International Monetary Fund [IMF] lowered projected GDP growth rate for the U.S. to 2.5% for this year and 2.7% for next year. That could spook clients into not pursuing "elective" litigation such as a patent fight.
Networks count all the more in tough times. Often that's the only way to land a job.