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: SECLaw.com

Majority of Associates Leave BigLaw

By Mark H. Astarita, Esq.

Legal Times has piece Why Associates Bail Out of Law Firm Life -- and Why It Matters: "The National Association for Law Placement recently released statistics indicating that almost 80 percent of attorneys at large law firms no longer work there five years later. This news comes as no surprise, considering the factors that drive this rate."While market segments drying up is part of the reason, working 100 hours a week, every week for years for the equivalent of $35 an hour is undoubtedly the real reason. Add to that no meaningful chance to make equity partner, and years spent in an office or a warehouse, with no real experience and never seeing a client, and it is a wonder they last as long as they do.The interesting part is that BigLaw is apparently counting on these drones to quit...continue to full post

Full post as published by SECLaw.com on November 14, 2007 (boomark / email).

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