We just wanted to remind you that the polls are open until Sunday for the Sweet (Safe) Sixteen round of ATL March Madness for Law Firms. It’s our NCAA-style tournament to crown Biglaw’s safest firm — the place where you are least likely to be laid off.
Sixteen firms remain. Some of the match-ups are tight ones.
A faithful ATL reader who goes by the moniker Lord Oberon has been chosen to weigh in as a guest commentator. ATL’s Dick Vitale has compiled stats from the AmLaw 100 survey for the March Madness firms. Here’s Oberon’s round-up, baby!
Of the sixteen we have information on, there are five that have posted gains in profits, number of equity partners, and PPP. In order of PPP (the order doesn’t change if you use 08 or 09 PPP), they are: Paul W – Kirkland – Debevoise – Cleary – Gibson
Of all the March Madness firms we have information on, there are three that have NOT posted gains in profits, number of equity partners, or PPP. In order of PPP they are: Cravath – Latham – Shearman & Sterling
There are seven March Madness firms that posted revenue above $1 Billion. Of those firms, Weil and Latham have reduced the number of equity partners; Skadden and Latham have reduced PPP; and Latham reduced gross revenue.
Two firms increased the number of equity partners, but lost revenue and PPP: Fried Frank – Milbank Tweed
Eight firms increased the number of equity partners, but lost PPP: Skadden – WilmerHale – MoFo – Paul Hastings – Sullivan – Davis Polk – Fried Frank – Milbank Tweed
Use the statistics as you will. Vote with your head. Or vote with your heart. Either way, vote for Biglaw’s safest firms, and check out the brackets, after the jump. Polls close Sunday at midnight.
Tonight, the “real” Sweet Sixteen games will play out on NCAA courts. Here at ATL, the NCAA-styled ATL March Madness for Law Firms continues. Sixteen firms remain in the tournament hoping to be crowned Biglaw’s safest — the place where you’re least likely to get laid off.
Thirty-two firms entered the tournament, based on Vault prestige rankings. Thousands of ATL readers voted to eliminate sixteen firms in the first round. There was only one upset of a higher-ranked seed: Linklaters (V26) beat Latham (V7). The Magic Circle firm’s magic run may not last though. Kirkland has a solid lead over the UK-based firm at the moment.
Last week, we brought you our NCAA-tournament style March Madness for Law Firms. We took the top 32 firms from the Vault prestige ratings and asked you to vote on which firms were the “safest” — the places where you’re least likely to get laid off.
After RoundOne, we’re down to the Sweet (Safe) Sixteen.
The higher-ranked teams firms won in all of last week’s contests but one: Magic Circle firm Linklaters (V26) upset 2008 March Madness tournament champ Latham (V7). Sadly, Latham’s bench was not as deep this year. Apparently, voters disagreed with this line of reasoning.
There were two particularly close matches. As predicted by one commenter:
Gibson v Wilmer in the first round is gonna be a close race.
Gibson Dunn won out, but barely, while Kirkland eked out a victory over Jones Day.
The most popular match with 6226 votes was Ropes & Gray vs Davis Polk & Wardwell. Check out which firms advanced, and vote on the first four match-ups of the Sweet Sixteen round, after the jump.
We started our ATL March Madness for Law Firms on Tuesday. Through this NCAA-style tournament, with brackets and seeding, we will crown Biglaw’s safest firm — the place where you’re least likely to get laid off. Yes, we know it’s irreverent; but we’re a legal tabloid. Irreverence is what we do.
This year, we’re posing a more important question. We are asking you to vote to decide which of the firms is the safest. Where are you most likely to keep your job?
Here are the brackets:
Voting on the first eight match-ups started on Tuesday; now, we bring you the face-offs between the other 16 firms at the top of the Vault. Polls close on Sunday. You vote to determine who will go to the Sweet (Safe) Sixteen, after the jump.
The NCAA basketball tournament starts up this week. If your team is already out, or you’re only half-heartedly rooting for your team (Sigh. Go Duke.), we are offering you a different contest to take part in. And this is better than the NCAA tournament, because you’re not just a sixth man watching from the sidelines; you get to determine the course of the tournament through voting.
We’ve held March Madness NCAA-tournament style competitions before. UVA won the 2007 competition for coolest law school, and last year Latham eked out a victory over Cleary for coolest law firm.
Since Latham recently, um, cut a number of players from its team, we don’t think we can let it keep its crown, so we’re revisiting Biglaw firms with the 2009 ATL March Madness tournament. But rather than comparing “cool,” in a nod to the current climate, we are comparing “safe.” We bring you….
ATL MARCH MADNESS FOR LAW FIRMS!!! WHICH FIRM IS THE SAFEST???
We’ve set up brackets based on Vault seeds. Thirty-two firms are entering the tournament. We invite you to vote on which firms are better at lay-ups than layoffs. At which firm are you least likely to lose your job?
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: email@example.com.
We at Kinney Asia have made a number of FCPA / White Collar US associate placements in Hong Kong / China thus far in 2014. Most of such placements have been commercial litigation associates from major US markets, fluent in Mandarin, switching to FCPA / White Collar litigation. Some have already had FCPA experience, but those are difficult candidates for firms to find (this will change in coming years as US firms are now promoting FCPA / White Collar to their 2L summers who are fluent in Mandarin and have an interest in transferring to China at some point).
Legal Week quoted Kinney’s Head of Asia, Evan Jowers, extensively in the following relevant article here.
There is a new trend in the market, though, where mid-level transactional US associates, fluent in spoken Mandarin and written Chinese, are interviewing for and in some cases landing junior FCPA / White Collar spots in Hong Kong / China at very top tier US firms.
Ms. JD is hosting their 2nd annual cocktail benefit to raise money for the Global Education Fund. The event will be held on August 21, 2014 at 111 Minna in San Francisco. Our goal is to raise $20,000 to fund the legal educations of four dedicated law students in Uganda who count on our support to continue their studies at Makerere University during the 2014-15 academic year.
The Global Education Fund enable womens in developing countries to pursue legal educations who otherwise would not have access to further education. According to the World Bank, investment in education for girls has one of the highest rates of return to promote development. In Uganda, more than 45% of women over the age of 25 have no schooling at all, and men are more than twice as likely as women to have access to higher education. Together, we can work to end educational inequality. For more information about the program, please visit http://ms-jd.org/programs/global-education-fund/
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.