Word: nanda
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Dates: during 2000-2009
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...Nanda and Wilkins both say that associates can expect that much of their bread and butter work will be outsourced in the future, potentially decreasing demand for associates...
...financial sector returns to its previous size, law firms may recover some of the positions lost to a decrease in transactional work, but that is unlikely to occur in the near future, Nanda said...
...There are alternate of forms of delivery for that type of work,” Nanda said. “Discovery and other large volume work will likely go to India and the Philippines...
That system simply is not tenable in a tighter legal market, Nanda said...
...Some types of financial transactional work in structured financial products which required high leverages—that work has gone away and for a long period of time,” said Nanda...