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Ethics

: Legal Ethics Forum

Is Howrey's model a quaint idea or a harbinger?

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Today's Washington Post takes a closer look at Howrey's new model for associate training and compensation.  It seems to me that paying associates less money for more training (training made possible by lower billable expectations and lower billing rates) holds great promise for the long-term viability of Big Law, provided that partners are willing to forego some revenue.  I'm not sure if a single firm would have the long-term commitment necessary to withstand the pressure of lost revenue and (perhaps) lost hires, but perhaps there will a critical mass of firms following Howrey's lead?

Full post as published by Legal Ethics Forum on April 26, 2010 (boomark / email).

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