Posts Tagged ‘globalization’

Even Spain’s Lawyers Can’t Find Jobs

Ok, so we heard about Britain and America and the oversaturation of the legal industry. I’ve even read about American law firms merging  with British ones resulting in the inevitable loss of jobs. India, well between outsourcing contract work and their oversaturation…oh and the Nigerian “lawyer’ who migrates to New York after taking a one year LLM and presto change-o-becomes a lawyer. But Spain? Ok the article is mostly about Spain’s poor economy and unemployment in general but of course, once again one cannot report about a country’s recession without mentioning “the unemployed lawyer”; this may become a new clinical diagnosis under DSMR-VI:

Many Spaniards lucky enough to have jobs these days are underemployed — law graduates working in restaurants, for example.

Here’s the article in full: Spain workers lose bridge holidays in debt crisis austerity move (01/22/2012)

So much for finding a job abroad. In the past year the media has discussed the problem with Greece and Italy. The European Union doesn’t want to bailout Greece until Greece shows it has a plan to get its country in order. The IMF says Italy isn’t doing so bad but is hesitant to loan its government money because its economy is not in the best of shape. So I’m sure we’ll see more about how their economies are affecting the legal industry there as well.

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