As Jim Cotterman points out inCompensation Plans for Law Firms 4th edition, the whole issue of associate profitability gained prominence in recent years because the economics of associate compensation
Associate Overcompensation?
As described in the following article abridgements from A&FP sibling publications, associate salaries and rates are headed up once again, pressures from cost-conscious clients notwithstanding. I have a possibly discomfiting view to offer on this, but first let's take a look at the bandwagon effect now in progress in some major U.S. legal markets.
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