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'third gen lawyer', Lawyers who have graduated from 'Sadakkchapp College of Law' ▮▮▮, pretty sure they're not of any eminence.
Your salary is driven by market forces and not solely by your skillset. Even a highly skilled cardio thoracic surgeon may be paid lower than a corporate lawyer at the same pqe.
I hope it does so that these corp bros get off their high horse.
Bill more earn more. In litigation it is the seniors advocates and arguing counsels which earn more; law firm litigation doesnt even come close to their fees.
Yeah so employment teams get paid less than M&A. At least at senior levels.
But aren't these similar differences between different corporate practices? Say between M&A and the employment team?
Good thing life doesn't come with a pre determined expiry date. Enjoy your privilege. I hope it lasts.
Billing. You earn what you kill

Check the billing differences, and you will know the reason.
Simple. Because corporate work brings more income to the firm than dispute/litigation work.
Being a third gen lawyer, I wanted to say that lit isn't for first gen.

It's our privilege only.
Never understood why law firms pay disputes team associates less than corporate associates.