J. William Dantzler Jr.
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Biglaw, Job Searches, Law Schools, Partner Issues, Partner Profits, Wall Street Journal, White & Case
Biglaw's New Normal Isn't Great For New Talent
As we mentioned in Morning Docket yesterday, the Wall Street Journal has a good article about how various recession-era cutbacks have become entrenched in Biglaw. If you have been paying attention or are a current law student, you know the issues: smaller entry-level classes, stagnant salaries, and a partnership track long enough to make a first-year Ph.D. student laugh. Other industries use economic downturns to retool their business models and develop new ways to compete. Not Biglaw....
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