If history is an indicator, and it usually is, for attorneys with foresight and ambition the turmoil in the Middle East may turn out to be a very good thing for their legal careers.
The Federal Deposit Insurance Corporation (FDIC) maintains a “Problem Bank List” that requires a higher security clearance to view than the nuclear release codes in the “football” that accompanies the President everywhere he travels. The only information the public is privy to is how many banks made the dreaded list. Analyzing known factors that go into compiling the list as well as others that I utilize could help you make some very interesting legal job-search decisions.
President Obama has called for a 5-year freeze on domestic discretionary spending by the U.S. government. Something along these lines is likely to wend its way through Congress, so it is worthwhile to contemplate how such a freeze might impact on attorney jobs and legal employment, both inside the government and elsewhere. The news is better than it looks.