The dot-com economy is already in the tank. Back in the Internet Economy Ice Age say, early 1999 headlines screamed about top law firms struggling to keep talent. That was then, this is now.
Salaries appear to have stabilized, but the bottom s falling out everywhere else.
The dot-com heavy Nasdaq has lost more than 50 percent of its value. In New York, the signs along Silicon Alley are starting to point to Skid Row. The bubble has burst, says Marina Sirras, who leads her eponymous Manhattan-based law firm recruiting service. We ll get more requests for bankruptcy attorneys, she says with sanguine prescience. We checked in with some lawyers who left jobs at New York firms for in-house positions at dot coms to see how they ve fared, and to see what they ve learned.