Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. This week, we look at what demographic changes in law schools and Big Law firms say about a Big Law objection to hiring more lawyers. Sign up to receive this column in your inbox most Thursday mornings.
I’ve been asking law firm leaders if there’s room in their economic models to hire more associates.
Hiring more associates is the opposite of what firms’ financial ambitions demand. Fewer associates working longer hours is good for profitability, not bad!
On the other ...
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