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Is There a "Lawyer Bubble?"

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Time; May 7, 2013

A new book by a former litigator at Kirkland & Ellis, one of the nation’s largest law firms, has delivered a frisson to the already rattled legal profession. In The Lawyer Bubble: A Profession in Crisis, Steven J. Harper argues that legal jobs are disappearing not because of short-term economic fluctuations, but powerful long-term trends. The word bubble is an overstatement — it is hard to believe that the legal profession will end in the sort of high-speed implosion that subprime mortgages did. But the legal profession is facing some fundamental changes and Harper deserves credit for sounding the alarm.
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