Pros

Great benefits, decent pay, not much experience necessary. Tremendous networking opportunities within the securities law community. Pretty easy for top achievers to stand out of the herd.

Cons

Not much opportunity for advancement. High performance is not rewarded commensurately with pay, work is highly repetitive. Performance reviews are tempered in order to protect against significant pay raises.

Advice to Senior Management

Reward and encourage creativity. Foster an environment where ideas that result in gains for the company are recognized and those people are allowed to advance instead of those in power trying to hold onto it. Rotate tasks so everybody isn't always doing the same thing over and over again.