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Anyone have insight as to why the upper mode is so unnaturally spikey? Is this somehow a result of law salaries/bonuses being well-publicized in the law communi
by warbaker 11y ago
Anyone have insight as to why the upper mode is so unnaturally spikey? Is this somehow a result of law salaries/bonuses being well-publicized in the law community? Maybe collusion between top law firms?
- jforman 11y agoThe major law firms all benchmark law school graduate salaries against each other. When one firm deviates it's a huge to-do.
- golemotron 11y agoIsn't that called collusion?
- nkoren 11y agoYes, but who are you going to get to prosecute it?
- JDiculous 11y agoThe lawyers who can't get jobs at the Big Law firms?
- smm2000 11y agoIntern salaries at all big companies hover around 7K-8K/month or so., milk cost around $4/gallon and so on. You do not need collusion to come to the same price.
- jdmichal 11y agoFrom nabraham's post [0], it seems that this is actually the result of completely transparent salary information. The firms are all in lockstep because they can all see what each other are paying and adjust to the same number. I'm not sure collusion really applies to that type of scenario, especially when the net result seems to be that employees get paid more, not less. (A raise in salaries at one firm will cause an equivalent raise in others, because they're afraid of missing out on talent.) [0] https://news.ycombinator.com/item?id=9448562 https://news.ycombinator.com/item?id=9448562