The WSJ Law Blog (which has a new
editor, by the way) featured an article yesterday on clients' increasing unease with paying for the work of first-
and second-year associates .
I've seen this change building for
some years now, in my work with both clients and firms. It's a trend that...
Yesterday I noted the issues
raised by a WSJ piece on clients looking askance at paying going rates for
first- and second-year associates .
There are really only three ways to
resolve this issue, beyond, of course, extending the status quo:
Firms bill out junior associates at lower rates...