In recent years, the legal industry has faced significant challenges, and the COVID-19 pandemic has only accelerated the need for firms to adapt to new market realities. One such challenge is the slowdown in transactional practices, leading to a decline in demand for legal services. As a result, law firms have dialed back their summer associate hiring in 2022, with a nearly 2% decline in offers extended to second-year law students hoping to land temporary jobs this summer.
