Bill Henderson
I don’t know if you’ve heard, but a lot of law firms recently raised their associate salaries. Across the nearly 300 posts on the subject, we’ve seen Texas just decide it was the new Manhattan, firms eat their words, the death of the vaunted Jones Day black box compensation scheme, and Hunton & Williams do… whatever the hell they’re doing. But what does it all mean?
So we sat down with University of Indiana University (UPDATE: I’d forgotten the Hoosiers can’t name their school right…) Maurer School of Law professor Bill Henderson — the most influential person in legal education — to discuss what happened with the guru of legal industry economics.
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Spoiler: He doesn’t think most of you should have gotten these raises…
Whether you’re an associate making your roll, or a partner leading your business, this is an informative conversation you shouldn’t miss.
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Joe Patrice is an editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news.