Breaking Legal News & Current Law Headlines | Daily Legal Briefing
  • Home
  • Hot Topics
  • Breaking
  • Business
  • Big Law
  • Small Law
  • Law School
  • Legal Tech
No Result
View All Result
No Result
View All Result
Breaking Legal News & Current Law Headlines | Daily Legal Briefing
No Result
View All Result
Home Big Law

Service Partners Getting Hung Out To Dry When It Comes To Biglaw Compensation

Daily Legal Briefing by Daily Legal Briefing
April 30, 2022
in Big Law
0
After Record Profits, Biglaw Partners Wonder If They Need To Keep Working
4
SHARES
32
VIEWS
Share on FacebookShare on Twitter


big money small moneyYou’ve got partners who bring in the work and deserve to be compensated for it, and partners who do the work and deserve to be compensated for it as well. It’s not unlike a professional sports team without the O line: A quarterback can be great, but they’re not much without a strong O line.

— an anonymous Biglaw partner, in comments given to Insider on “the invisible middle,” that is, the group of senior associates and service partners responsible for bringing in a substantial share of a firm’s revenue, who aren’t being paid nearly as handsomely as many of their colleagues. One former Dechert attorney spoke of a “massive” compensation gap between their firm’s lowest-paid partners and “superclass” partners. A Gibson Dunn partner noted that supercharged partner salaries could cause a “culture hit,” saying, “You can’t keep your culture when somebody is making eight times as much as someone else In what sense are those people partners? They’re not.”


Staci ZaretskyStaci Zaretsky is a senior editor at 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 Twitter or connect with her on LinkedIn.





Click to Read Original Article

Previous Post

What You Should Know About Occupational Injuries

Next Post

Strategies for Successful Business Growth

Daily Legal Briefing

Daily Legal Briefing

The latest breaking legal news from across World all in one place.

Related Posts

Biglaw Firms With Tech-Centric Clients May Soon Face Financial Difficulties
Big Law

The Biglaw Firm With The Largest Decline In Gross Revenue

by Daily Legal Briefing
June 3, 2023
Biglaw Probably Won’t Be Hemorrhaging Lawyers Via Layoffs Anytime Soon
Big Law

Am Law 200 Firm Announces Employee Cuts, Citing ‘Challenging Economic Environment’

by Daily Legal Briefing
June 2, 2023
Mastering Lateral Hiring Interviews For Your Legal Career: Essential Strategies and Insights
Big Law

Mastering Lateral Hiring Interviews For Your Legal Career: Essential Strategies and Insights

by Daily Legal Briefing
June 2, 2023
Elite Law Firms Recognized As Some Of The Best For Women & Diversity (2023)
Big Law

Elite Law Firms Recognized As Some Of The Best For Women & Diversity (2023)

by Daily Legal Briefing
June 2, 2023
Biglaw Firms Are Continuing To Grow Amid Dropping Demand Because Associates Aren’t Quitting
Big Law

Biglaw Firms Are Continuing To Grow Amid Dropping Demand Because Associates Aren’t Quitting

by Daily Legal Briefing
June 2, 2023
Next Post
Strategies for Successful Business Growth

Strategies for Successful Business Growth

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Karmas Far Recalls Infant Bath Seats Due to Drowning Hazard

Karmas Far Recalls Infant Bath Seats Due to Drowning Hazard

December 20, 2021
What Behavior is Not Considered as Sexual Harassment in North Carolina?

What is Considered Supervisor Harassment?

July 1, 2022
Camila Lopez’s People Clerk gives small claims court litigants in California new options

Camila Lopez’s People Clerk gives small claims court litigants in California new options

February 1, 2022

Browse by Category

  • Big Law
  • Breaking
  • Business
  • Hot Topics
  • Law School
  • Legal Tech
  • Small Law

About US

Breaking Legal News & Current Law Headlines | Daily Legal Briefing.
Online coverage of breaking legal news and current law headlines from around the US. Top stories, videos, insight, and in-depth analysis.

Categories

  • Big Law
  • Breaking
  • Business
  • Hot Topics
  • Law School
  • Legal Tech
  • Small Law

Recent Updates

  • Clients Should Try Not To Contact Lawyers During Odd Hours
  • Jonathan Turley Rewrites Constitution To Include ‘Congressional Backsies’ Clause
  • The Biglaw Firm With The Largest Decline In Gross Revenue

© 2021 Daily Legal Briefing | Breaking Legal News & Current Law Headlines

No Result
View All Result
  • Contact Us
  • Home

© 2021 Daily Legal Briefing | Breaking Legal News & Current Law Headlines

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?