Lack of Equity, Market Demands Stifling Big Law's E-Discovery Careers
The law firm business model makes earning an equity partnership title in Big Law nearly impossible for e-discovery lawyers. But observers say the opportunities are flourishing outside of Big Law.
March 13, 2020 at 09:30 AM
4 minute read
Law Firm PartnersIf an associate wants to bring their e-discovery practice to the equity ranks of Big Law, they may not find many seats at the table.
Despite the growing demand, e-discovery isn't a revenue-maker comparable to other practices and is unlikely to lead to an equity partnership or executive committee spot in Big Law. However, worthwhile e-discovery opportunities are growing outside of Big Law, legal hiring observers said.
The biggest roadblock for an e-discovery lawyer with equity partnership ambitions is origination credit, said Zeughauser Group consultant Kent Zimmermann.
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