The Law Firm Disrupted: Will Milbank's Raise Burst the Big Law Prestige Bubble?
The move this week by one Am Law 100 firm to raise associate salaries has already triggered a spate of matches. But a tipping point could be looming on the horizon.
June 08, 2018 at 09:38 AM
7 minute read
In this week's Law Firm Disrupted, we learn about an associate who bills $1,000 an hour, and why that means most associates shouldn't be paid so much.
I'm Roy Strom, the author of this weekly briefing on the changing Big Law market, and if you are an associate who disagrees with me, tell me at: [email protected]
➤➤ Want to receive The Law Firm Disrupted as an email? Sign up here.
Will Milbank's Raise Burst the Big Law Prestige Bubble?
It is a wild time to be a Big Law associate. Your firm's clients may be bemoaning your very existence; refusing to pay for your time. Your law firm may be admitting that a portion of your work is or is on the verge of being done by the computers.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 2First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
- 3The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 4The Growing Tension—And Opportunity—in Big Law Nonequity Tiers
- 5The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
