Credit: T.Dallas/Shutterstock Show Us the Money: Young Lawyers Want to Be Educated on Law Firm Economics
To be their best, associates need their leaders to help them better understand both firm economics and the economics of their own compensation.
May 03, 2022 at 07:35 AM
7 minute read
Law Firm Associates
Despite concerns at the outset of the pandemic, the legal industry has performed quite successfully over the past two years. In recent months, we've seen another round of associate compensation hikes. And the lateral hiring wars show little sign of fizzling out anytime soon. It's also clear many firms have shown a renewed interest in fostering a healthy firm culture and in finding ways to show associates their firm is invested for the long term.
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