Mar. 9, 2002

Firms Stretch Dollars by Keeping Compensation Flat

Employment Column - By Valerie A. Fontaine - Legal hiring, like the economy, is cyclical. It is no longer news that, following the explosive growth in the late 1990s, we are once again in a downswing. And, with recent events, employers are even more reluctant to hire, and candidates are afraid to leave the relative security of their current positions for the unknowns of a new one.