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[quote=Anonymous]I think the issue with biglaw going down the tubes is practice area specific. I work at one of the national L&E firms. Most of the partners in my office defected from biglaw firms. The reason they did so was the billing rates -- clients don't want to pay $650 an hour for someone to handle unfair labor practice charges or discrimination lawsuits, and the firms uniformly refused to allow these partners to lower their rates. I think L&E practices at biglaw firms are going to go the way of the dinosaur before too long. It really makes no sense to pay M&A rates for someone to defend an FLSA or Title VII lawsuit. [/quote]
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