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In biglaw, people at most firms are paid this way up until, IIRC, the 8th year.

I think there are many ways in which it is fair. As far as dev jobs, who can usually say, at a big tech company, for example, that one dev adds 200k of value, and another 280k? Aren't salaries artifacts of negotiation and market forces at time of hire than accurate reflectors of job performance?



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