Sign of AI Times: Law Firm Entry Level Pay Flat Since 2023

 Talent.

Big Law used to go in search of it. It still does. But at the partner level. Poaching is frenzied. 

But when it comes to hiring those right out of law school the wooing process has cooled. No surprise, the NALP documents that the salary for those jobs has remained the same since 2023. 

Many of those associates do tasks which AI can perform more accurately and faster. Those include research, document review and simple contracts. Actually, chair of Paul Weiss Brad Karp has even gone public with this possible scenario: AI could eliminate some junior associate jobs. Cleary, which acquired an AI firm, is having AI integrated in all moving parts. 

This aligns with what is happening in myriad sectors: Entry-level jobs are disappearing. The cruel buzz phrase is: Knowledge work isn't welcoming juniors. Another way of putting is that the first rung in the ladder is being cut off. That not only impacts new college graduates. Seasoned professionals needing to change lanes won't be able to find a slot for a start-over. 

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