Let’s Talk

By Maureen Farrell and Anupreeta Das

CenterPeak's Sabina Lippman captures the surreal reality of today's legal market: "Twenty million dollars is the new $10 million." With top partners commanding eight-figure packages and bidding wars resembling NBA free agency, BigLaw compensation has reached professional sports levels. Lippman reveals that at least 10 law firms have spent around $20 million annually to lure the highest-profile lawyers. The comparison isn't just about money—it's about the winner-takes-all mentality where elite talent commands premium prices while creating massive pay gaps .