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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The profession is be coming increasingly one of haves and have nots. [/quote]
Actually it is dis-aggregating. There is now a proliferation of small, medium and boutique firms that are ultra specialized in certain areas of law at a level of depth and nuance that Big Law could never be. Within my industry, there are about 5 firms like this along with a couple attorneys who have put out a shingle that everyone knows and is comfortable with. After that, there is only then two partners at two BigLaw firms that are at the same level. The large companies without experience in this industry always end up at one of those two BigLaw firms, while those who are knowledgeable go with the others. The fees are certainly more reasonable, but those firms also have significantly lower overhead than BigLaw and I believe the lawyers actually doing the work are collecting a much higher percentage of the fees that are billed and probably collect very similar salaries to BigLaw, but obviously without all the fancy offices and perks.[/quote]

Ppl here -- you've done a good job of describing what I was alluding to. [/quote]

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