Apparently law firm partner is the new, big-time job. Or it’s the old, new big-time job. While senior partners at law firms have long migrated to better-paid senior roles at investment banks, it’s been reported that the migration has to some degree reversed itself. Most famously, Robert Kindler, Morgan Stanley’s Global M&A Chair, recently departed the investment bank for the apparently greener pastures of law firm Paul Weiss.
How can those on the Supreme Court not notice the enormous pay enjoyed private-sector attorneys? Supreme Court justices earn roughly $268,000/year, and they can earn up to $30,000 annually from outside teaching. To most that’s very good money, but it surely doesn’t stretch very far in the Washington, D.C. area. Here’s your Alito scandal, though it’s probably not the one you think it is.
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