Trading Big Law Dreams for Meaningful Work: Associates Embrace Smaller Firms Despite Pay Cuts
In Chicago, Illinois, the dream of attaining partnership at prestigious law firms is losing its luster for many associates within the legal industry. A growing number of these attorneys are opting to transition to smaller firms, even if it means accepting lower salaries. Kate Reder Sheikh, a partner and recruiter for Major, Lindsey & Africa, highlighted this emerging trend during a discussion with a Bloomberg Law editor. In her insights, she explained that some associates are choosing roles that ignite their passion over the financial rewards typically associated with Big Law partnerships. “The compensation at … Read more