Biglaw, Money, Partner Profits, Skaddenfreude

Nationwide Pay Raise Watch: Biglaw Partners Are Doing Just Fine, Thanks

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Okay, that’s a bit of an understatement. Check out this interesting study, authored by Steven N. Kaplan and Joshua D. Rauh.
Here’s a money quote (hehe) from their paper (p. 31):

“[T]he representation of top corporate lawyers in the top 0.5% and top 0.1% AGI [adjusted gross income] brackets has increased substantially over time.”

Translation: Biglaw partners are taking up more and more space among the ranks of the rich.
What is happening to the pay of law partners? [Volokh Conspiracy]
Related: Sally Struthers Asks: ‘What About the Children Partners?’

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