> Why are they not transparent like finance guys, lawyers, doctors etc In the world of top-tier law firms the "transparency" actually works against the incomin

> Why are they not transparent like finance guys, lawyers, doctors etc In the world of top-tier law firms the "transparency" actually works against the incoming lawyers. You notice the quote in TFA: "Cravath announced that it would pay first-year associates $180k, and many other firms followed suit"? I see that as an implicit agreement to fix prices among these top law firms. I'm sure they're not foolish enough to actually collude on salaries, but Cravath knows exactly what it's doing when it says to the world "this is what we're paying our employees, sound good?"