Tuesday, April 14, 2009

Paid to NOT Work?

I want this job!

To save money while the economy is down, the law firm Skadden offered 125 associate attorneys to take a year off at 1/3 of their salaries. That may not sound like fun if you're making $15 an hour. But a Skadden associate apparently makes $240,000 a year, so to get paid $80,000 NOT to work for a year would be heaven.

Shoot, $80,000 a year even to work for a year sounds like heaven right about now.

Of course, I'd hate to be a Skadden client who has to pay obscene attorney fees to cover associates who are not even working. I wonder if the clients realize when they pay their attorney fees that they are being seriously overbilled?

3 comments:

Jansen said...

I love it. That's almost 3x what my mother makes.

Anonymous said...

Law Ingenue...do you really wonder? Seriously? You think lawyer bills are seen as reasonable by anyone? Seriously?

Law Ingenue said...

Anonymous -

No, not really. I'm too cynical for that. I just think that the current structure of law firm billing will end up self-destructing on itself if changes aren't made.