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Chance for a cost of living raise in 2022?

Posted: Wed Jan 12, 2022 11:07 pm
by Anonymous User
Inflation up another 7% over the past year...think we get another one like last June?

Re: Chance for a cost of living raise in 2022?

Posted: Wed Jan 12, 2022 11:25 pm
by Anonymous User
Little chance.

Associate salaries are strongly related to the supply/demand of associates (retention), the supply/demand for legal services, etc.

I think the relation to larger macroeconomic forces is very weak.

Re: Chance for a cost of living raise in 2022?

Posted: Mon Jan 24, 2022 6:18 pm
by Anonymous User
Anonymous User wrote:
Wed Jan 12, 2022 11:07 pm
Inflation up another 7% over the past year...think we get another one like last June?
Bump. Good take!

Re: Chance for a cost of living raise in 2022?

Posted: Mon Jan 24, 2022 9:47 pm
by Anonymous User
Anonymous User wrote:
Wed Jan 12, 2022 11:25 pm
Little chance.

Associate salaries are strongly related to the supply/demand of associates (retention), the supply/demand for legal services, etc.

I think the relation to larger macroeconomic forces is very weak.
Bump. Bad take!