Walter Cronkite, a legendary reporter turned news anchor at a time when that meant something substantially more than simply reading stories written by others, was asked why so much news was bad. He responded there were so many positive things that occurred every day that they simply did not elevate to “news.”
So, America’s most trusted man reasoned, that’s why so much of the news is bad. Wish the same could be said for news about the legal vertical, but even Cronkite could not make that case, because the legal sector seems to be inundated by bad news. And it comes from all quarters of the profession: debt-ridden, unemployed law graduates, laid-off associates and service partners, the free-agency mentality of rainmaking partners that has contributed to even more instability among law firms, disgruntled clients, the access to justice crisis—the bad news never seems to end for lawyers (at least for most of them). So, here’s a feel good story for law.