Credit: freshidea/Adobe Stock Did the Talent Wars Doom the Lifestyle Firm?
Midsize and Second Hundred law firms have raised associate salaries more than the Am Law 100, according to new data from NALP, putting profitability pressure on associates at firms that thrive on work-life balance.
May 10, 2023 at 04:19 PM
4 minute read
When asked how they planned to survive an onslaught of poaching from Am Law 100 firms during the height of the talent wars, leaders of midsize and Second Hundred law firms typically levied a two-part solution: do as much as possible to raise compensation and leverage advantages that Big Law couldn't offer.
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