JusticeHarlan wrote:....there is no incentive to pay you any more than they need to. Law students are far more fungible than center fielders.
Let’s make this our secret. If not law firms will bypass the T14 entirely and only hire from Tier-5 at $25K a year, because as you say, what the heck, they are all the same.
You know that firms are already doing this, right? Look at the firms who have started back offices in West Virginia and Dayton, Ohio, among other places, and put fulltime associates there making much less than market to run discovery,etc. Recent reports by Citibank and Hildebrant strongly suggested that more biglaw firms follow this model. These are non-partner track positions or maybe called career associates. Orrick and WilmerHale do this now, not sure about others.
These jobs don't pay $25,000 but maybe more like $50,000 I think, not sure.https://peermonitor.thomsonreuters.com/ ... visory.pdf
Also the Georgetown Law Center has a report on the profession that also details the increasing use of career associate,staff attorneys and contract attorneys. https://www.law.georgetown.edu/continui ... report.pdf
From Campos' discussion about the Georgetown report:
http://insidethelawschoolscam.blogspot. ... eport.html
Law firms do find one bright spot in today's legal market: it is the oversupply of lawyers. The Georgetown report recognizes this quite candidly: "While excess capacity in the market is certainly not good news for young lawyers or, for that matter, law schools, it provides an environment in which law firms should have the flexibility to redesign their staffing models to respond to client demands. By embracing alternative approaches to staffing--including increased use of staff attorneys and non-partner track associates, contract lawyers, and part-time attorneys--firms can create more efficient and cost effective ways to deliver legal services." (p. 17)
It's hard to find a more brutal statement of market reality than that one: the glut of lawyers created by law schools is allowing law firms to hire those graduates on increasingly contingent and unattractive terms. These new jobs are not designed to train new lawyers in skills they can take to other job sites. Once you have worked two years as a back-office document reviewer, what professional skills do you have--other than reviewing documents? These jobs will serve the economic interest of law firms.
Here is Orrick page on career associates:http://www.orrick.com/Careers/UnitedSta ... iates.aspx