Reasons for reading ATL vary from person to person. But we have been told by some people that one of the greatest benefits of following the site is gaining familiarity with law firms and the differences between them.
In that vein, we shall continue on with our series of open threads on the Vault 100. (Sorry, haters! Though we are taking under advisement the idea that we list them in groups of ten from this point forward.)
Here are the next five, with prestige scores in parentheses:
16. Gibson, Dunn & Crutcher LLP (7.056)
17. Wilmer Cutler Pickering Hale and Dorr LLP (7.055)
18. White & Case LLP (7.054)
19. Shearman & Sterling LLP (7.043)
20. Arnold & Porter LLP (6.905)
Of the five, White & Case has the most bizarre list of notable perks: “Gender- and reason-neutral flexible work arrangement program” (what does that mean?), “Cold, anonymous” (yippee?), and “Dinosaur” (the ferocious or the fossilized kind?).
Time to compare and contrast. We invite you to have at it. Earlier:Vault 100 Open Threads- 2009
Sometimes we wish we had the breastses. Then we could enjoy the luxurious lactation room at Davis Polk & Wardwell.
Back in this post, we wrote about the lactation room at Simpson Thacher & Bartlett. We’re sure it’s plenty nice. But we doubt it’s as snazzy as what the competition on the other side of Lexington Avenue is offering.
Check out this Davis Polk email, which went out late last year (exclamation mark in the original):
From: **** On Behalf Of Associate Development To: all.lawyers.ny Subject: Nursing Room
We are pleased to announce that the firm now has a private nursing room!
Located on the 10th floor, this cozy room is equipped with brand-new furniture, including a comfortable chair and end table, refrigerator, and reading materials of interest to new mothers. Access to the secure room is available through the Security Desk. A small sign on the outside of the door indicates when the room is occupied.
We hope that this amenity will provide returning mothers who wish to continue nursing their babies additional support during this important transition. Your privacy and comfort are our priority.
Please do not hesitate to contact [xxxx] or any member of the Associate Development Department if you have any questions. Thank you and congratulations to all of our new DPW Parents.
We’re curious about the “reading materials of interest to new mothers” at DPW. Draft asset purchase agreements? SEC proxy filings?
Meanwhile, in other happy news for parents, Arnold & Porter has jumped on the improved parental leave bandwagon. Following the recent trend, which we’ve been following in these pages, they’ve increased the paid leave they provide to women who give birth or primary caregivers of a newly adopted child. It used to be 12 weeks; now it’s 18 weeks, which appears to be the “market” rate these days.
Transmittal email, plus A&P’s full leave policy, after the jump. Earlier: Biglaw Perk Watch: Lactation Rooms
Just in time for its holiday party, which is taking place tonight, the New York office of Arnold & Porter has announced bonuses. It appears to be following the example of other non-New York firms — e.g., Covington & Burling, WilmerHale, and Sidley Austin — and paying its New York associates better than their non-NYC counterparts.
Full memo after the jump. Some brief observations, from a tipster:
A word of explanation: bonus structure is very different between the D.C. office (which I believe has a tiered formula), and New York, which has in the past had a flat 1950 hours requirement, with some other types of hours counting toward that 1950. Note the tying of special bonus to 2000 client billables (this is going to cut out some, don’t know how many).
There is also confusion in the ranks about whether the special-bonus-tied-to-2000-billables thing includes pro bono hours. On my reading, it doesn’t.
Note also the VERY weird “firm citizenship” requirement. Timely billing!? Oh noes!
You can read the memo for yourself, after the jump.
Jim Sandman’s article, dishing out harsh criticism of law firm associate pay raises, did not endear him to ATL readers. In a near comments clusterf**k, he was condemned as the greediest of greedy Biglaw partners (along with other epithets not fit for printing here).
Well, maybe Sandman has gotten a bad rap. After all, he was public-spirited enough to serve as president of the D.C. bar. When we met him at this party, one of many charitable functions he attends, he didn’t have horns growing out of his head.
And now we hear that he’s leaving his lucrative partnership, to toil in the considerably less profitable precincts of the D.C. public school system. He’s accepted a position as General Counsel for the District of Columbia Public Schools, and he’ll also be a member of Chancellor Michelle Rhee’s senior leadership team to the DC School Board.
Read the A&P memo announcing Sandman’s departure, from firm chairman Thomas Milch, after the jump.
From an ATL reader going through the law firm recruiting process right now:
I’ve enjoyed reading about various law firm recruitingsnafus on Above the Law over the last few months. I just never thought I would be lucky enough to encounter one of my own.
I recently came home to an unusually thick envelope from Arnold & Porter (DC). Inside there was a typical ethnicity request form (to be mailed back to them for recordkeeping), a return envelope, and finally, much to my surprise — a refrigerator warranty!
Yep, that’s right. While other firms are busy sending recruits bonsai trees, iPods, and designer cookies, Arnold & Porter sends its rejects their appliance warranties.
Our tipster sent along a scanned copy of the warranty registration form:
The latest post in our series on perks / fringe benefits isn’t a “perk” per se. But it is, like true perks, a non-monetary factor that some people may take into account when choosing between law firms.
The topic: eco-friendliness, or how “green” a law firm is. From a tipster:
I think you should do a feature on which law firms are promoting eco-friendly office environments / business practices. With the country’s increased environmental awareness, I think it could help both law students and attorneys decide where to work. Here are two examples:
It’s a busy morning, right before the big Memorial Day holiday weekend. There’s breaking news of associate pay raises from Sidley Austin, Arnold & Porter (hi James Sandman!!!), and Brown Rudnick.
The Sidley Austin memo appears after the jump. The raise to the $160K scale covers Chicago, Dallas, Los Angeles, San Francisco, and Washington. It’s retroactive to May 1.
The Arnold & Porter news was reported by The BLT: Blog of Legal Times. If you have the A&P memo, please email it to us.
We learned of the Brown Rudnick raise by email. We don’t have the memo, but our source sent us a salary table, which also appears below the fold.
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: firstname.lastname@example.org.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.