“Living by the Sword:” Big Law’s Partner Pay Reckoning
The gap between Big Law's highest earners and the rest of the partnership is widening fast and the lateral market is feeling every bit of it. Jeffrey Lowe, CenterPeak's Market President for Washington, D.C., distilled the dynamic for The American Lawyer:
"Everybody loves living by the sword, but they really hate dying by the sword."
As top-of-market partner pay pushes past $40 million and midyear reviews bring cuts for others, the pressure on mid-tier partners to weigh their options has never been more acute — and CenterPeak is at the center of those conversations.