via
Getty)
Ed.
note:
Welcome
to
our
daily
feature,
Quote
of
the
Day.
One
minute
the
recession
was
imminent,
the
next
minute
the
stock
market
has
rebounded
to
where
it
was
at
the
beginning
of
Q1.
So
things
can
change
at
the
drop
of
a
hat.
And
we
did
see
strong
hiring
numbers
for
the
majority
of
Q1,
so
nothing
here
necessarily
tells
me
we’re
in
for
any
kind
of
a
downturn.
It’s
more,
people
taking
a
breath
and
people
trying
to
make
an
assessment
about
where
they’re
headed
before
they
commit
resources.
—
Craig
Savitzky,
manager
of
research
and
insight
at
Leopard
Solutions,
in
comments
given
to
the
American
Lawyer,
on
the
state
of
the
legal
job
market,
with
new
job
openings
for
lawyers
at
midsize
and
Biglaw
firms
falling
32%
in
May
2025,
compared
to
May
2024.
Savitzky
went
on
to
say
that
the
hiring
data
was
“not
a
pullback,
but
more
of
a
pause,”
because
things
have
been
“so
whipsaw”
this
year.
Staci
Zaretsky is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.