https://nymag.com/nymetro/news/crimelaw ... ndex2.html
The only thing missing is the rise of Kirkland.
This NY Magazine article on biglaw from 1999 could have been written in 2023... 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.
-
- Posts: 10
- Joined: Mon Oct 18, 2021 8:41 am
-
- Posts: 428542
- Joined: Tue Aug 11, 2009 9:32 am
Re: This NY Magazine article on biglaw from 1999 could have been written in 2023...
Just up the partnership comp by 5x, rates by 5x and associate comp by barely 2x.institutionalized wrote: ↑Thu Mar 09, 2023 4:58 pmhttps://nymag.com/nymetro/news/crimelaw ... ndex2.html
The only thing missing is the rise of Kirkland.
-
- Posts: 428542
- Joined: Tue Aug 11, 2009 9:32 am
Re: This NY Magazine article on biglaw from 1999 could have been written in 2023...
Not pushing back on the premise, but it's worth noting that associate comp has tracked with inflation. $114,500 in 1999 translates to $205,600 today, which is ~5% below the $215k firms currently pay first years. I think senior associate salaries have grown more relative to inflation. Of course, partner comp has increased much more relative to inflation.Anonymous User wrote: ↑Thu Mar 09, 2023 6:19 pmJust up the partnership comp by 5x, rates by 5x and associate comp by barely 2x.institutionalized wrote: ↑Thu Mar 09, 2023 4:58 pmhttps://nymag.com/nymetro/news/crimelaw ... ndex2.html
The only thing missing is the rise of Kirkland.
-
- Posts: 428542
- Joined: Tue Aug 11, 2009 9:32 am
Re: This NY Magazine article on biglaw from 1999 could have been written in 2023...
Where are the big 2023 bonuses???institutionalized wrote: ↑Thu Mar 09, 2023 4:58 pmhttps://nymag.com/nymetro/news/crimelaw ... ndex2.html
The only thing missing is the rise of Kirkland.
Want to continue reading?
Register now to search topics and post comments!
Absolutely FREE!
Already a member? Login