Interesting observation re pay hikes = leading economic indicator. Any further support on this or why it might be true?
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I suspect it's tied to the capital markets and levels of M&A activity, which also tend to lead.
End of conversation
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David, as a former Biglaw associate, I agree with you. I am actually going to post a blog today on the issue.
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big law continues to overpay for rookie talent. When 2008 part deux happens, they'll be screwed worse than the first
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