Skadden's 4-Day a Week RTO - Will Associates (and even some partners) Flee or Will Model Become Standard in Law Firms?
The buzz in establishment legal media as well as professional anonymous networks shifted rapidly to Skadden's recent RTO mandate. That's for 4-days a week, with some exceptions such as during the holiday season.
The focus is not so much on that particular policy as what it could trigger. The speculation ranges from associate flight (along with some partners who resent returning to the long commute) to the model evolving into what's standard in law firms.
Already Wall Street has come down hard on remote work. JPMorgan Chase has leadership coming in 5 days a week. Blackrock has 4 days a week for everyone. If the clients of law firms include those financial empires, then it's business common sense to assume that for the lawyers WFH will become a distant memory. With demand down in many transactional-law categories the competition for that kind of business has become a dog fight.
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