Biglaw Firms Are Holding Leverage Over Associates' Heads With Their In-Office Work Mandates
The tables have turned, and power has shifted back to Biglaw firms.
Ed. note: Welcome to our daily feature, Quote of the Day.
Yes, some lawyers will leave those law firms that are increasingly mandating more time in the office. But as long as demand remains depressed, especially in transactional work and big deals, there’s less work to go around and the “war for bodies” is over, other elite firms will have leverage to make office attendance mandates.
— Christine Simmons of Law.com, writing in the latest Barometer report that leverage is now back in the hands of Biglaw firms, with leaders attempting to reclaim their power through four-day in-office work mandates. “Whether management will keep this leverage,” she writes, “will depend on forces in the broader economy.”
Clio Users: New Ways To Add Value To Your Practice!
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter and Threads or connect with her on LinkedIn.
Sponsored
LawPay Pro Offers Upgraded Time And Billing Essentials
Survey Results: A Perspective On The Private Markets
Clio Users: New Ways To Add Value To Your Practice!
The Digital Transformation Imperative
Documenting Secured Transactions: A New Guide For Practitioners
