On Friday I posted a series of articles about law firms in this economy. There's an interesting piece here in the American Lawyer describing the "crunch" that may occur when existing lawyers stop voluntarily leaving at the historic pace and the baby lawyers show up in the fall to work.
Anecdotally at Mercer, I've only heard of one "revoked" offer so far, but I'm sure that's not an accurate picture. Any other information people have on 3L employment or summer jobs?