
-David Lat, "Profits vs. Partners", New York Observer.
On the above chart, I have superimposed in red C.A. hourly rates. While profits per partner, agency profits, and law school tuitions continue to skyrocket, some firms/agencies are taking advantage of the New Year by not only trying to freeze hourly rates, but deflate them, as well!
From craigslist:
"25 temp attorneys needed for document review starting Jan 14th - Must be licensed in NY and have experience. 2-3 months, 34.00/hr straight time - 50 hours a week"
Remember, inflation? $35 in 2004 was worth much more than $35 is today.
Are we just going to sit back like a bunch of quiet, docile, buttoned down professionals, while our hourly wages continue to plummet into the toilet? I think not.
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