Cobretti wrote:Sorry, fixed. The point is there are people who are in a position to realistically change base compensation that are aware of the market conditions of their pool of applicants, and will consider it because it would be irrational not to.
It might be rational to consider tuition, but why would it be rational to increase salaries because of tuition raises? Law firms don't care about law students' economic interests. And it's not like there are higher-paying jobs that law students will start going after instead of biglaw as tuition continues to go up. Biglaw jobs are still the highest-paying jobs out there for law students, generally speaking.