In fact, Yale Law School teaches its students practical applications of a law school education other than practicing law.
Summary: This article explores the unique way Yale Law School graduates think about their legal careers. To the untrained eye, these graduates may seem aimless with their careers -- taking jobs in academia and government instead of prestigious law firms. But on closer examination it appears that these graduates might have discovered the secret to greater career and life happiness. This article explains how most attorneys are rent seekers and how to make this system of rent work for you like Yale Law grads do. READ MORE >
What’s the labor market like for attorneys in 2016?
Find out the lateral attorney trends and what practice areas are popular.
Through the process of working with thousands of attorneys and law firms each year, BCG recruiters are able to gain a profound understanding of the legal market and insight into trends in demand for trained, lateral attorneys in the various practice areas. This article provides our perspective on the state of the American legal job market as we enter 2016.
They can be raises or come in the form of holiday bonuses.
Still, law firm compensation has changed within the last 15 years.
Find out now what those changes are.
Summary: Learn more about the history of law firm partner compensation and how partners are compensated in law firms today in this article.
There has been considerable change in law firm partner compensation systems over the past 15 years and two basic systems exist today – subjective systems and lockstep systems – according to a recent white paper. U.S. law firms overwhelmingly use subjective systems in which committees allocate compensation based on a number of factors, the most important of which is client origination. READ MORE >