Ed. note: Welcome to our daily column, Quote of the Day.
Labor Day is traditionally the time when businesses resume operations. Right now, everyone is distracted by high school and college graduations, vacations, stuff like that. Once Labor Day rolls around, companies will say “let’s roll up our sleeves” and continue working hard until the New Year. They will once again focus on where they want to be.
— Jeffrey Lowe, director of CenterPeak and president of the Washington, D.C. market, in comments given to American lawyerregarding one of the reasons he believes the majority of Biglaw firms have yet to match the latest associate pay war that began with Milbank and has since spread to more than a dozen Biglaw and elite firms.
Staci Zaretsky is the editor-in-chief of Above the Law, where she has worked since 2011. She would love to hear from you, so please email her with any tips, questions, comments, or critiques. You can follow her Blue sky, X/TwitterAnd Topicsor connect with her on LinkedIn.
