Ed. note: Welcome to our daily feature, Quote of the Day.
It’s worth it. But it has been a lot to swallow for a lot of plaintiffs’ firms to bite the bullet and pay a couple hundred thousand dollars a year to a new lawyer.
— Shanin Specter, a cofounder of Philadelphia-based Kline & Specter, in comments given to Bloomberg Law, concerning law students’ increased interest in working for plaintiffs’ firms over Biglaw firms. Many plaintiffs’ firms are now large enough to hire new law school graduates. “Don’t tell me you’re going to a [Biglaw] firm because you’re risk averse,” he said. “It is just the opposite. You must be risk preferential. The starting salary is not enough to go if you know in advance that you’ll be gone within five years.”
Staci Zaretsky is the managing editor of Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.