Analysis: A toxic culture where making salaried partner is only financial ‘base camp’

Many law professionals strive for a seat at the top table but the rewards and structures are cloaked in secrecy

‘It’s like being in school again,’ said one senior recruiter working with top law firms. ‘You’re trying and you're hoping that the owners, the equity partners, let you into the club’

Throughout the last few weeks of reporting on mental health struggles facing corporate lawyers, the question of why people put up with immense levels of stress has frequently been met with the same answer: money.

While lawyers are drawn to the profession for a multitude of reasons outside of the financial compensation, the lure of six- and seven-figure salaries is undoubtedly a factor.

It is no secret that lawyers are well compensated for their long ...