Monday, May 5, 2014

Retracting offers and the state of the profession

A snippet came out in the ABA Journal recently about a firm retracting offers it had made to new first-year associates.  Not, by itself, a shocking thing.

What drew laughter and snide comments was the firm's excuse: that "declining client demand for first year associates" was amongst the factors behind the move.

As commentators pointed out, it's highly unlikely any client would demand a first-year associate.

After all, while paid very well (at these firms at least), the average first-year associate does little besides busy work and is, by and large, far less valuable than a half-competent paralegal.

That's one of the bigger problems the profession (and law schools) still need to find a better solution for.

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