Big Law Talent Battle: Natural Selection or Artificial Scarcity?

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. Today, we look at what’s driving the shortage of Big Law lawyers: Not enough “good genes,” or Big Law’s own hiring tactics. Sign up to receive this column in your inbox on Thursday mornings.

It’s never paid more to be a Big Law associate—Cravath Swaine & Moore just made sure of that by announcing yet another pay bump for mid-level and senior associates. Yet, firms still can’t seem to get enough associates in the door.

I’ve been asking law firm leaders ...