Layoffs spawn startup law firms
“Usually when a well-regarded lawyer leaves a major firm to start her own it’s a midcareer change that adds a touch of adventure to her practice.
But as the local economy took a nose dive into the caliche, a new breed of entrepreneurial lawyer emerged. They are younger and more desperate than those who came before them. Many were recently laid off.
Las Vegas attorneys Tara Young and Elizabeth Sorokac lost their jobs in February after Kummer Kaempfer Bonner Renshaw & Ferrario downsized. Both have been practicing for only a few years and both were terrified when they learned their income had disappeared”
Read full article: http://www.lasvegassun.com/news/2009/jun/19/layoffs-spawn-startup-law-firms/