Page 1 of 1
Why are labor/employment firms diff?
Posted: Tue Jul 18, 2017 10:02 pm
by proleteriate
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.
Re: Why are labor/employment firms diff?
Posted: Wed Jul 19, 2017 9:28 am
by Anonymous User
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.