Most law is practiced outside the New York bubble, and it might be time to recognize what is good for New York isn’t necessarily best for the rest of the legal community. Calibrate Legal CEO Jennifer Johnson comments in this article from The American Lawyer.
More and more firms are coming to recognize that it might not be in their best interest to open up that expensive New York office or match New York salaries. They are realizing that what works in the New York bubble might not be the vibe in Texas or the Southeast—places that are top of mind for many young lawyers.
“Everything is benchmarked after New York,” Jennifer Johnson, CEO and founder of legal consulting firm Calibrate Legal, said. “Many are still chasing that. But New York will always lead with money, and that isn’t the way the rest of the country operates.”