America Still Struggles With the Gap Between Rich and Poor Lawyers
We've long known that the gap in wealth and earnings between the haves and the have-nots has the potential to undermine the very foundation of American society. We're referring, of course, exclusively to attorneys. The young bottom-of-the-food-chain document reviewers toiling for a meager pittance can scarcely behold the salaries of their superiors. And it's getting worse; the WSJ reports that "traditional notions of pay equity are falling by the wayside."
Now some top rainmaker partners at firms in New York, Los Angeles, Washington and Chicago earn $10 million or more a year, compared with $640,000 for the average partner at a U.S. firm, said Jeffrey Lowe, a managing partner at the legal recruiting firm Major, Lindsey & Africa.
America's worthless law schools must now be considered breeding grounds for revolution. When will America wake up and unite? Some of us may be rich. Some of us may be poor. But we're all lawyers.