Reply to Biglaw Associate Raises

Forum Index » Jobs and Careers

Reply to "Biglaw Associate Raises"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is 2006 all over again, I remember.  My offer from Biglaw was 125K, bumped to 135K before I started, soon after jumped to 160K.  [/quote]

Yep - and 2000-2001- always happens when there's a lawyer labor crunch  - and all those kids who get sucked in by the paycheck will be spit out in 5-8 years with mediocre experience looking for a better life.  Don't do it - suck it up - go be an AUSA or Honors lawyer - you'll be a better lawyer in the long run and have better prospects.[/quote]
Recent-ish grad here. I, and most of my classmates, would have done Honors or been AUSAs if we could. Most of those jobs are far more competitive than biglaw though.[/quote]

+1. My last year in DOJ, my component got 6000 applicants who listed us in their top two and we had four available openings. Obviously some of the resumes were poor, but there were at least hundreds, if not thousands, of applicants who were reasonably qualified to get a biglaw job.

I do agree there are some people who could get DOJ Honors jobs who choose to start in biglaw and instead of admitting its for the salary, convince themselves its about the training or other resources firms offer. I think those people are making a mistake, or at least being dishonest with themselves about their motives.[/quote]

I'm 20 years out of big law.  I have had the opportunity to go back on several occasions, and I've declined. However, I am still reaping the benefits of the experience and training got as a young associate.  I  always tell young lawyers that the experience is worthwhile, even if you have no intention of staying. It's also always a plus to have that name on your resume as your first employer out of law school.

I still have lots of friends that are big law partners, and the pyramidal partner/associate structure, with lots of young associates as profit centers is changing. Senior partners with specific expertise are in demand, but clients are increasingly resistant to paying for the time of inexperienced associates. Some very highly regarded firms can sustain it, but others will not.  The profession is be coming increasingly one of haves and have nots. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics