Why are labor/employment firms diff? Forum
Forum rules
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
- proleteriate
- Posts: 64
- Joined: Wed Jan 25, 2017 6:48 pm
Why are labor/employment firms diff?
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.
-
- Posts: 432506
- Joined: Tue Aug 11, 2009 9:32 am
Re: Why are labor/employment firms diff?
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.