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Biglaw leverage increasing yearly - ABA: "It's because everyone's going in house

what a fucking farce "The percentage of partners at th...
Swollen Heaven
  04/25/18
Lol I left for in-house BIG PHARMA year’s ago and have never...
primrose electric gas station half-breed
  04/25/18
do u get free scrips?
Swollen Heaven
  04/26/18
LJL
Cocky Trailer Park Pocket Flask
  04/25/18
...
Arrogant curious set
  04/25/18
why aren't u a partner yet u boomer
Cocky Trailer Park Pocket Flask
  04/25/18
...
Arrogant curious set
  04/25/18
too many in house offers
Swollen Heaven
  04/25/18
...
Arrogant curious set
  04/25/18
...
Chocolate locale french chef
  07/17/18
what's the counter argument? law firms just being stingy as ...
dun clown nowag
  04/26/18
http://www.autoadmit.com/thread.php?thread_id=3957226&fo...
Swollen Heaven
  04/26/18
It’s about maximizing PPP.
rough-skinned wine box office coldplay fan
  04/26/18
It's about *short-run* maximizing PPP; open question whether...
racy unhinged fanboi therapy
  04/27/18
...
Swollen Heaven
  04/27/18
...
ocher property pistol
  04/27/18
...
Chocolate locale french chef
  07/17/18
extraordinary
citrine laughsome hairy legs
  07/18/18
some biglaw firms will last in perpetuity more than a few...
cheese-eating alpha
  04/27/18
...
racy unhinged fanboi therapy
  04/27/18
...
ocher property pistol
  07/17/18
...
Chocolate locale french chef
  07/17/18


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Reply Favorite

Date: April 25th, 2018 10:30 AM
Author: Swollen Heaven

what a fucking farce

"The percentage of partners at the nation’s largest law firms is slowly but steadily declining. The percentage of partners at the largest U.S. firms dropped from 42.2 percent of the lawyer headcount in 2013 to 40.8 percent at the end of 2017, Law360 reports.

"Peter Johnson of Law Practice Consultants identified another trend that could be affecting the percentages: More people are going to corporate law departments"

http://www.abajournal.com/news/article/partner_percentages_continue_to_decline_in_biglaw

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35915850)



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Date: April 25th, 2018 10:44 AM
Author: primrose electric gas station half-breed

Lol I left for in-house BIG PHARMA year’s ago and have never been happier.

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35915948)



Reply Favorite

Date: April 26th, 2018 7:21 AM
Author: Swollen Heaven

do u get free scrips?

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35923043)



Reply Favorite

Date: April 25th, 2018 10:32 AM
Author: Cocky Trailer Park Pocket Flask

LJL

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35915868)



Reply Favorite

Date: April 25th, 2018 10:33 AM
Author: Arrogant curious set



(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35915871)



Reply Favorite

Date: April 25th, 2018 10:34 AM
Author: Cocky Trailer Park Pocket Flask

why aren't u a partner yet u boomer

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35915878)



Reply Favorite

Date: April 25th, 2018 10:35 AM
Author: Arrogant curious set



(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35915883)



Reply Favorite

Date: April 25th, 2018 10:35 AM
Author: Swollen Heaven

too many in house offers

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35915886)



Reply Favorite

Date: April 25th, 2018 10:44 AM
Author: Arrogant curious set



(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35915951)



Reply Favorite

Date: July 17th, 2018 6:22 PM
Author: Chocolate locale french chef



(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#36447439)



Reply Favorite

Date: April 26th, 2018 7:25 AM
Author: dun clown nowag

what's the counter argument? law firms just being stingy as usual + boomers not retiring?

what happens in law industry/biglaw when boomers start dying off and junior partnership people must take over despite each non-boomer class making 75% fewer new partners each year as compared to earlier boomer classes?

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35923047)



Reply Favorite

Date: April 26th, 2018 7:27 AM
Author: Swollen Heaven

http://www.autoadmit.com/thread.php?thread_id=3957226&forum_id=2#35899807

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35923053)



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Date: April 26th, 2018 7:54 AM
Author: rough-skinned wine box office coldplay fan

It’s about maximizing PPP.

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35923107)



Reply Favorite

Date: April 27th, 2018 7:59 AM
Author: racy unhinged fanboi therapy

It's about *short-run* maximizing PPP; open question whether this is long-run profit maximizing. If the trend continues far enough long enough, the basic model of the V100 will come into question. There's a tacit promise made to new entrants, particularly coming from the T14, that there's at least a chance to obtain meaningful partnership in the firm. When you look at some of the leverage ratios at top firms these days, it's hard to say with a straight face that that chance still exists for many. Which then calls into question the entire "bargain" of the associate-firm relationship. Maybe the senior leadership of these starships everywhere, burning. I screamed twice as I watched the sky fill with the flames of our engineered progress; once for the loss of the Titanus, and again for the thought of Mishka onboard her, plummeting toward the landscape of Aurelianus V. Scattershot reports of turbolaser fire echoed through the canyon where we were stationed, violent accompaniment to this altitudinous death scene. The memory swirled up in me, strains of recollection brought on by the shock: Orfeo ed Euridice, the first performance, a Night Palace on one of the Jovian moons. She was wearing her multicoat, its everchanging light softtwinkling against the reflective surface of our box floating above the stage, her hand in mind, the swirlsweet smell of her Chanel No. 5 wafting through the air.

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35930046)



Reply Favorite

Date: April 27th, 2018 8:24 AM
Author: Swollen Heaven



(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35930109)



Reply Favorite

Date: April 27th, 2018 4:25 PM
Author: ocher property pistol



(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35933842)



Reply Favorite

Date: July 17th, 2018 6:22 PM
Author: Chocolate locale french chef



(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#36447445)



Reply Favorite

Date: July 18th, 2018 12:42 AM
Author: citrine laughsome hairy legs

extraordinary

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#36449762)



Reply Favorite

Date: April 27th, 2018 5:02 AM
Author: cheese-eating alpha

some biglaw firms will last in perpetuity

more than a few will collapse or at least be seriously changed after outsized revenue generators croak

(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35929815)



Reply Favorite

Date: April 27th, 2018 12:24 PM
Author: racy unhinged fanboi therapy



(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#35931558)



Reply Favorite

Date: July 17th, 2018 6:17 PM
Author: ocher property pistol



(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#36447403)



Reply Favorite

Date: July 17th, 2018 6:18 PM
Author: Chocolate locale french chef



(http://www.autoadmit.com/thread.php?thread_id=3959354&forum_id=2#36447415)