Why are labor/employment firms diff?

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proleteriate

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Why are labor/employment firms diff?

Postby proleteriate » Tue Jul 18, 2017 10:02 pm

why do big labor/employment firms operate so differently from other firms? For instance, a lot of the big L/E firms don't report salary info to NALP, and don't really do summers. Even the ones who do report like Seyfarth and Littler don't pay market rate.

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Re: Why are labor/employment firms diff?

Postby Anonymous User » Wed Jul 19, 2017 9:28 am

I used to work at a national L&E firm. L&E work is generally billed at much lower rates than other litigation/corporate work. Many employers carry EPLI (employment practices liability insurance) which carries ridiculously low negotiated rates (3-4th year associates being billed at $160-220/hr and partners at $220-275hr). These firms all compete to be insurance panels and keep accepting lower and lower rates. When RPL is 500-600k, there not a lot of room to pay associates market.



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