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Minority Attorneys Feel the Financial Pinch PDF Print E-mail

Apparently minority attorneys might be feeling the economic pinch much more than their white counterparts. Check out this report from the Minority Law Journal (MLJ) in which "comparing responses from young attorneys of different racial groups, [MLJ] found that African American associates, in particular, generally appeared to be in a less secure financial position. They, together with Hispanic lawyers, reported higher levels of debt and lower bonus compensation compared to their white and Asian American counterparts. More Black attorneys said that their workloads were too light, and overall they reported lower billable hours, even though they took less of the vacation that they're entitled to than other groups." MLJ additionally found that minorities were less likely to be satisfied with their positions within firms, and were more likely to fear layoffs. Let us know what you think about this.