Contra Raoul Felder, who asked for a bailout for divorce lawyers in an op-ed for the Wall Street Journal because:
There is no other profession more dependent on discretionary spending, except perhaps the oldest one.
Chris Thompson of Slate’s The Big Money:
Some of the luckiest attorneys in the world, he says, will be the divorce lawyers. “Suddenly, people find themselves cutting back, and that makes them lose face in their tony community,” he says. “So that exposes tensions in the relationship that may have been previously ignored. The matrimonial bar may see a flow out from this.”
So that’s what it’s come to for New York’s finest lawyers: waiting around for broke investment bankers to destroy their marriages.