Are they overpaid or underpaid? Suffering indentured servants or plotters with a clearly defined exit strategy?
According to The American Lawyer, which has articles on associate recruiting and associate satisfaction at different firms, associates are generally satisfied with their lot, but not planning to stick around and become partner. A few factoids from the article:
- "The average satisfaction score hit a record high this year: 3.81 on a five-point scale."
- Only 44.9% of the respondents predicted that they would remain with their firms for five years, and only 11.7% thought they would become partners.
- The article predicts an increasingly intense talent war among top firms for graduates of top schools.
It’s a good time to be graduating law school.