I really hope these people were being facetious.
The American Lawyer recently published an article entitled Rich Lawyer, Poor Lawyer which laments the “loss of status” allegedly suffered by 7-figure earning BigLaw partners in the face of 8, 9 and 10 figure earning hedge fund managers and private equity bankers.
It features such pity-evoking quotes as
“Face it, we have no status,” says an Am Law 100 partner of the pecking order at his sons’ private school. “We go to these school functions, and this well-heeled group looks right through you. They won’t give you the time of day. You’re just one step ahead of the doorman.”
and
“Our place is on the poor side of town-north of the highway [away from the water],” says a lawyer, sipping a drink poolside at her East Hampton weekend retreat. “Only the bankers can afford the south side.”
Seriously? One step above the doorman? There’s a “poor side” of the Hamptons?
Thanks to Above the Law for this gag inducing morning read.
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