More on the Have’s and Have Not’s

A few weeks ago, I posted on the great divide in the legal profession. It seems that what is going on in the law is simply a microcosm of the economy at large (where demand for highly skilled service professionals and low wage service workers remains high, but the middle is losing out.)

While it is hard to say what the longterm impact will be on law firms, one thing remains clear: competition for the top talent is only increasing. In turn, partner movement is unlikely to abate any time soon as firms increase salaries to lure away superstars.

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