How do you think this drama will unfold? Any predictions for what’s next?
Right now, many partners seem to be focused on financial gains, as highlighted by Brad Karp’s email noting how other firms are trying to capitalize on the Trump memo to woo his clients. Meanwhile, a group of younger associates, who never intended to remain in big law, are advocating for more idealistic principles—some choosing anonymity to safeguard their careers and manage their student debt. A few smaller firms, like Selendy Gay and Keker, see this as an opportunity to raise their profiles. So, where does this all lead?
I foresee that it will culminate in Trump overstepping at some point—perhaps in relation to a conflict with Iran—which could trigger a chain reaction causing everything he initiated to unravel, including those executive orders affecting big law.
One Response
This is an interesting take on the current dynamics in the legal field, especially with the backdrop of political events like Trump’s actions and policies. I think you’re highlighting a crucial tension: the clash between profitability and idealism within the legal profession. As firms continue to chase higher profits, those younger associates are becoming increasingly disillusioned, leading to a fracture in the traditional biglaw model.
Regarding your prediction, it’s true that political landscapes can shift suddenly and dramatically. If something like a war occurs, it could create ripple effects that impact various sectors, including biglaw. It might prompt firms to reassess their priorities and values, especially if public opinion shifts against the backdrop of costly and unpopular military actions.
However, I also wonder about the potential for long-term change in the industry culture itself. If the current wave of idealism holds strong, it could inspire a broader movement within biglaw to embrace ethical standards that resonate with the newer generation of lawyers. Smaller firms, like Selendy Gay and Keker, may gain traction not just as competitors but as examples of what the legal landscape can look like when values align with practice.
Ultimately, while political events will play a significant role, the evolution within legal culture driven by younger lawyers might be just as pivotal in shaping the future of biglaw. It will be interesting to see how these tensions play out and whether there will be a significant reckoning for the industry as a whole.