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@NorthwesternLaw presents "EY Law Point of View: The Legal Market of the Future" with Dr. Cornelius Grossmann, @EY_Law's Global Law Leader.
Dr. Grossmann says "EY is not a law firm" but it is seeking to provide legal- related services.
"If you do work in the third tier, you're in trouble. Why? Because there's a new fourth tier" in which ALSPs (aka #lawcompanies) are starting to provide more affordable services.
Dr. Grossmann says the #biglaw firms in Tier 1 are fighting each other at the top of the market.
"The first tier is fantastic for education. It's not necessarily a fantastic life that you have there."
You can make as much if not more money in the 4th tier, he adds.

@NLawBizTech
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