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Are Associates Overpaid? The Votes are In ...
Bruce MacEwen reports the results of a recent poll on the topic: Are Associate Salaries Justified? Roughly 72 percent said yes, which leads me to believe that most of Bruce's readers are lawyers because I don't see how many in the general population would find $135,000+ for a kid just out of law school to be at all reasonable. Like us, Bruce is a lawyer and he does believe that there's "ample justification for paying associates handsomely" on one of two theories: either the "efficient wage theory" or, Bruce's own belief that paying associates lots of money to work like dogs prepares them for what partnership will be like.
Posted by Carolyn Elefant on April 12, 2006 at 02:17 PM | Permalink
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