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Of course there is communication. https://abovethelaw.com/2024/01/latham-salary-2023/ https://abovethelaw.com/2024/01/latham-salary-2023/ What's missing is th
by lupire 3y ago
Of course there is communication.
https://abovethelaw.com/2024/01/latham-salary-2023/ https://abovethelaw.com/2024/01/latham-salary-2023/
What's missing is the pressure on other firms to match.
This is more like the leader raising pay and other firms chasing them.
- tdb7893 3y agoI mean yeah they can see what other firms do but they aren't actually talking to each other (or at least not in a proveable way) to organize prices. It's a very different situation than having a business with an algorithm to share pricing models. Obviously law firms colluding on prices isn't good but how they are colluding is completely different.