If you have a bigLaw job and let's say, started off at 160,000 or even 135-145,000, the fact that firms are going to hold for a year at the same salary shouldn't be alarming. Of course, it is nice to get raises - understand the cost of living increases -- but I ask the same question; wouldn't you prefer a pay freeze or a reduced bonus over no job for you and your friends?? People need to come back to reality here -- a "half-Skadden" is still a friggin nice thing to have. And it is a heck of a lot better than being a headhunter's reject because there's few jobs out there.
Start the new year off without the complaints. Be enthusiastic. Be a company man or woman (while networking, developing expertise, growing your reputation and base). Long term view should trump the short term whining.
I also want to address social networking, and will do that in an upcoming post.
Thanks for your votes on the ABA journal. I still go trounced by the Temporary Attorney, but apparently there is a lot of interest in that topic these days!
Happy 09 once again.