@Dayscarr This can’t be the whole story. Was tfue on salary and/or paid a fat advance? If so, I get it some sort of recoup structure and waterfall thereafter.
This is unconscionable if these are splits starting from zero.
@jordihays If this is true, the future structure will be a ton of small nimble firms where partners will have to train new grads but wondering how long it will take for F500 companies to break and use non-legacy shops. It won’t be quick.
@jordihays Tremendous, all 34,000 kids who just took the lsat are walking into a buzz saw.
Professional services firms who cut down their 1st year classes are going to have to deal with their monoliths dying out without proper apprenticeship