they get assigned the big assignments,
and they get promoted more quickly.
New biglaw associates don't get big assignments. As you noted, they're paperwork/research monkeys. However, someday they have to become big boys and girls. My comment was referring to this. In general, T14 grads get pulled up quicker. My source for this is basically what I've heard from friends who graduated law school two and three years ago. There's probably data out there to settle this, but I'm too lazy to look right now. Maybe later. Yes, very few biglaw associates make partner. Look at the partner lists at big firms (and pay attention to the recent partners--back in the day, law schools didn't matter as much as they do now) and you'll see maybe 20 or so schools.And, all other things being equal, making money is a necessary trait of a good lawyer. Sure, some people do choose low paying forms of law (HR anyone?). Nevertheless, for 90% of lawyers, pay is a pretty good proxy for how good you are. People are willing to pay more for better lawyers. That's why crap lawyers are getting paid $300 to file divorce paperwork and $500 to file bankruptcies. They're making next to no money (remember, they have overhead. out of $300, they might pocket $50) because they suck. 1L's at big law make $135k+/year because they don't suck. It's econ 101.
...Will you be stuck with the life of a public defender making $30k and driving a Corola? Maybe...
Quote from: ivy08 on March 29, 2007, 04:16:08 PMto be perfectly frank, you are probably screwed. there is certainly no reason to feel proud about your "accomplishment."ivy, my dawg!, you're back. new and improved! sick! epic!
to be perfectly frank, you are probably screwed. there is certainly no reason to feel proud about your "accomplishment."