Sunday, October 28, 2007

Must read

While we're on the topic of big firms, here is an article that I think is a must read for all biglaw recruits. It is written by a former biglaw partner turned professor turned judge. It's a few years old, but still highly relevant. The cite is (52 Vand. L. Rev. 871) if you want to look it up on WL or Lexis.

A quote from the article features UCLAW's own Rick Abel.

"The partners of a big firm have a third option for making more money. This option involves what big firm partners euphemistically refer to as "leverage." I like to call it "the skim." Richard Abel calls it "exploitation." The person being exploited is you."

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