January 25, 2022

Latest Big Law Raises Draw Concern, Criticism From Everyone but Associates | The American Lawyer - The American Lawyer

Credit: litigation_god via Instagram

What You Need to Know

  • On social media sites and forums, Big Law associates cheered the latest round of raises and chided their firms for not addressing their workload as a primary source of attrition.
  • Veteran attorneys and recruiters warned that the salary wars are unsustainable and bad for everyone involved.
  • Former Big Law associates cautioned younger peers against getting stuck in the industry's golden handcuffs.

If your social media sphere includes seasoned lawyers, recruiters and law firm consultants, you’ve probably seen reactions to the weekend’s Big Law associate pay bumps that vary from skepticism and dismay to outright concern for people who once again became newsworthy because they got a raise.

However, if you are a Big Law associate, or for some reason hang out where they do, the mood is a little lighter. While LinkedIn and Twitter teamed with posts and threads by industry veterans about the negative implications of the raises—someone think of the in-house recruiters!—many users on Reddit, Twitter and Fishbowl claiming to be Big Law associates eagerly traded notes on the firms that matched Milbank’s $10,000 raise and exchanged predictions on the next firms to match or cover.

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source: https://www.law.com/americanlawyer/2022/01/25/latest-big-law-raises-draw-concern-criticism-from-everyone-but-associates/

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