"Clients Won’t Pay For What Law Schools Churn Out"

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<p>There is not much evidence of that, especially at top firms. Most of them have recovered after a few difficult years and overall billings by the legal industry is back to where it was before the financial crisis. In 2011, a number of top firms have had some of their biggest profits in history and there has been pressure to increase associate bonuses at these firms not decrease them. There is also no evidence of reduction in new associate salaries.</p>