If entry-level legal work is broadly done at plumber rates, does that change law school choices?So many questions here...
For all who are not in the T14/Top 10%/Law Review brackets, this can be a very good thing: search for those options open on a more realistic level, and focus on getting very, very good at the actual practice of law. A few years out, no one will care about the world of 2011 (just as no one now cares about the busts of the mid-1980s or early 1990s), and for the very best practitioners, those stratospheric salaries are still there.
These positions will create a caste system of the have and have-nots within firms. The highly-coveted junior associates will still make $160K -- possibly more given that the firm has lowered the number of those positions. The "career associates" will be stuck in a rut with no skills.
I'd rather do shitlaw and learn real litigation skills than take up one of these "career associate" positions. These positions will create a caste system of the have and have-nots within firms. The highly-coveted junior associates will still make $160K -- possibly more given that the firm has lowered the number of those positions. The "career associates" will be stuck in a rut with no skills.