Ed.
note:
Welcome
to
our
daily
feature,
Quote
of
the
Day.
I
just
don’t
think
other
professionals
get
paid
really
anything
like
what
lawyers
are
getting
paid.
Every
year
[the
industry]
gets
stronger
and
bigger
and
more
profitable,
but
can
you
keep
doing
that
forever?
I
can’t
think
of
any
industry
that
keeps
doing
that
forever,
there’s
always
a
reckoning.
It’s
not
sustainable,
particularly
when
everybody
[focuses]
on
the
same
thing.
—
Jeremy
Hoyland,
managing
partner
of
Simmons
&
Simmons,
in
comments
given
to
the
Financial
Times,
on
the
explosive
pay
raises
London
lawyers
have
seen
in
recent
years,
driven
by
salary
increases
that
occurred
in
the
US.
“I
wonder
how
sustainable
it
is,”
he
said.
Staci
Zaretsky is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.