Big Law 100-Hour Work Weeks
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- čas přidán 17. 06. 2021
- A recent Bloomberg News article reports that senior associates of some big law firms are receiving as much as $164,000 in bonuses (on top of their salaries) to entice them to keep working 100 hours a week. That’s over 14 hours a day, seven days a week-brutal.
See the article here: www.bloomberg.com/news/articl...
Ben questions whether this is the most effective way for them to leverage talent. It’s well documented that working too many hours leads to diminishing returns. Is hiring more attorneys not an option? Nathan points out that it’s the senior associates who are getting these big bonuses. Junior associates at big law firms are expected to work crazy long hours for much less. And they’re all underpaid compared to the partners who are making millions of dollars a year. Big-law money might sound appealing to young people, but is it really worth selling your life away?
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These guys. I remember these guys. Took me to a 174 and also convinced me not to go and stay in science. Thanks guys!
Can you Elaborate
It's obvious that they are padding the numbers. This shouldn't be allowed as why would ABA allow exhausted lawyers perform legal duties beyond their capabilities?
Marginal returns are an essential consideration for a worker tied to his or her labor. Hourly billings do not account for marginal returns.
I mean....if anyone did the math, what would the associates hourly rate be? My hunch is less than 50 per hour
This information is just wrong
They need to unionize. Problem now is, law schools consciously try to break class solidarity, both internally and externally. There’s no reason why a BigLaw associate should be thought of as different than any other skilled tradesman.