This does seem to be the week for decisions - or at least for the announcement of decisions. I wrote yesterday about a brave decision from Outer Temple chambers in trying to get the jump on the ABS structure.
Also in yesterday's press was a story from "The Lawyer" about my old firm - Field Fisher Waterhouse. Friends and colleagues usually expect that I will have nothing good to say about the firms I used to work for - and I will admit to falling into the bad habit of the blogger of tending to talk about bad news more often than about good. I certainly have no ill feelings towards any of the firms I've worked with and in this case it would appear to be good news. The story is about FFW cutting its graduate intake numbers "...by a quarter."
These all sound like sensible moves. Yes there will be fewer graduates taken on, but I haven't noticed a dearth of solicitors at the moment. It is surely sensible to engage more fully with fewer people and to work to ensure that they receive a better experience.
I know that the firm has been thinking about this change, and planning it carefully, for some time. Tempting as it may be to attack what might be seen by some as a brutal cost-cutting measure, I think they have made a good decision.