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Perkins Coie

Fall Recruiting Open Thread: Vault 71-80 (2009)

comparing.jpgThe Vault 100 march continues! In this series of open threads, we list the firms, and you all discuss their upsides and downsides. We'll be wrapping this puppy up this week.

Here are the next ten (with prestige scores in parentheses):

71. Nixon Peabody LLP (5.218)
72. Hunton & Williams LLP (5.208)
73. Perkins Coie LLP (5.119)
74. Reed Smith LLP (5.057)
75. Patton Boggs LLP (5.050)
76. Chadbourne & Parke LLP (4.997)
77. Bryan Cave LLP (4.969)
78. Thacher Proffitt & Wood LLP (4.967)
79. Howrey LLP (4.926)
80. Schulte Roth & Zabel LLP (4.910)

Usually, we have fun with the "notable perks" chosen by Vault. But as we move down the list, the perks are becoming distinctly less notable -- e.g., gym membership discounts, free parking, and "good views." Oh well.

You know what to do! Have at it in the comments.

Earlier: Vault 100 Open Threads - 2009

Everyone's a Winner at These Five Law Firms

Best Companies To Work For Fortune CNN Money Above the Law blog.jpgCongratulations to this quintet of five law firms, which just made Fortune magazine's annual list of the 100 Best Companies To Work For (listed below in rank order):

19. Arnold & Porter: "Staffers get 12 weeks paid maternity leave and profit sharing of 7.5% of salary. The less you make, the less you pay for health-insurance premiums."

Actually, a correction: 18 weeks (as of January 1, 2008).

31. Alston & Bird: "Both the legal and nonlegal staff get super benefits, including 90 days of paid maternity leave, coverage of fertility treatments, and concierge services."

Concierge services? Fabulous. Atlantans, stop yer whining!

41. Bingham McCutchen: "They're proud of their elite grads: 72 from nearby Harvard Law, 24 from Yale, and 20 from Stanford. They all start at $160,000 a year."

55. Perkins Coie: "They value fun at this law firm. At 2007's Lawyerpalooza battle of the bands, the Perkins Coie rock & rollers brought down the house (and took home the top prize)."

See also Nixon Peabody: "Fun is not prohibited here." Speaking of which...

66. Nixon Peabody: "The law firm excels on policies for GLBT employees (a 100% rating from the Human Rights Campaign); it targets 3% of billable hours annually for pro bono work."

Please send us any theme songs that are composed to commemorate these honors. Thank you.

100 Best Companies To Work For (2008) [Fortune]

Earlier: Bingham McCutchen: Land of the Amazons?

Biglaw Perk Watch: The Gray Lady's Take

Guess what's at the top of the New York Times Most Emailed Articles list today? A piece entitled For Lawyers, Perks to Fit a Lifestyle, by Lynnley Browning.

We're pleasantly surprised that an article about law firm perks, a niche topic that we cover obsessively around here, is so popular with readers of a general-interest publication. Or is it just that lawyers are the only poor saps at work today?

Kelis Milkshake boys to the yard Above the law blog.jpgAmong the more notable perks mentioned in the article:

1. Milkshakes and candied apples -- yum! (Perkins Coie) [FN1]
2. Mortgage guarantees for the first $100,000 of associate mortgages (Sullivan & Cromwell)
3. Reimbursements for associates who buy a hybrid car or a certain brand of car (DLA Piper; Fulbright & Jaworski)
4. On-site yoga classes (O’Melveny & Myers)

It's an interesting article; read the whole thing here. There's additional commentary on the piece over at the WSJ Law Blog, by Jamie Heller (filling in for Peter Lattman, who is on his honeymoon).

P.S. Looks like an NYT correction may be in order, due to a slip-up concerning the amount of year-end bonuses:

The perks come on top of higher salaries and larger bonuses — this year, the top-offs have been doubled at some practices. At the New York office of Cravath, Swaine & Moore, an old-line firm, associates will receive special payouts of $10,000 to $50,000, in addition to their year-end bonuses up to $35,000.

Our suggested rewording: "At the New York office of Cravath, Swaine & Moore, an old-line firm, some associates will receive special payouts of $10,000 to $50,000, in addition to year-end bonuses up to $60,000." (The word "some" is needed before the word "associates," because class of 2007 or "stub year" associates don't get special bonuses.)

[FN1] The Perkins Coie milkshakes come from Potbelly Sandwich Works. Coincidentally, we enjoyed a PSW milkshake for the first time on Wednesday. It was Oreo, and it was delicious!

Update: One of you sent us this great comment, by email:

I thought the most poignant perk was Fried Frank's: they offer psychotherapy (through what sounds suspiciously like a bulk discount deal) to help associates deal with stress, anxiety, depression, and divorce. I love it!

I can imagine the therapist's notes: "Patient distressed re: possibility of negative performance review. Says he has not seen wife or child since, "let's see ... when was that holiday with the fireworks?" Is in constant pain from chronic papercuts and verbal caning associated with ongoing case. Patient noted gratefully that firm is paying for therapy. Possible diagnoses: Stockholm syndrome?"

For Lawyers, Perks to Fit a Lifestyle [New York Times]
Law Job Perks v. Law Job Woes [WSJ Law Blog]

Biglaw Perk Watch: Sabbaticals

sunset fishing sabbatical sabbattical law firm Abovethelaw Above the Law blog.jpgWe have a law professor friend who's basically getting this entire year off. With pay. It's one of the nicest perks in academia, and it's called a sabbatical.

As it turns out, some law firms offer them too -- although they're not usually quite as grand. They're more like longer-than-usual vacations (the subject of yesterday's perk post).

But hey, a perk is a perk. So today's open thread on a law firm perk or fringe benefit will focus on sabbaticals. Here's what Perkins Coie does, according to an article last year from CNN/Money:

At this Seattle-based law firm, lawyers with 7 years of tenure, salaried staff with 10 years and non-exempt, hourly staff with 13 years may apply for two months of paid leave to spend any way they wish.

The only two requirements: they can't work for another company and they have to let the firm know what they're planning to do and why those activities are meaningful and rejuvenating to them.

Sabbaticals aren't limited to the biggest of Biglaw, like Perkins Coie or Cadawalader (which, according to Vault, gives you a month-long sabbatical after five years). Polsinelli Shalton Flanigan Suelthaus, which has 300 lawyers over nine offices, has this policy:

After five years with the firm, associates are eligible to take an "associate sabbatical." The firm provides two weeks paid vacation with two round trip tickets to Europe, Hawaii, or the Caribbean, plus $5,000 spending money. The billable hour target is reduced to 1,775 from 1,850 for the year.

Does your firm offer sabbaticals? If not, do you wish it did? (Okay, dumb question -- of course you do.)

Please discuss, in the comments. Thanks.

Sabbatical year [Wikipedia]

National Pay Raise Watch: Perkins Coie to $160k in California

Perkins Coie LLP Above the Law blog.jpgPerkins Coie is raising to market in California, with a catch. To get the raise, associates must 1) be "on pace" of 1900 hours; and 2) have "no outstanding timesheet penalties."

The memo's after the jump.

Continue reading "National Pay Raise Watch: Perkins Coie to $160k in California"

Nationwide Pay Raise Watch: Seattle

Seattle skyline Space Needle Abovethelaw Above the Law blog.jpgOur tour of the country's less-than-gigantic legal markets has swung through Denver, Hartford, and Philadelphia. Now we head out to the West Coast, to pay a visit to one of our favorite American cities: Seattle.

We couldn't locate a good news article to kick off the discussion. But we combed through the ATL archives to find a few Seattle data points. Here are three firms and their starting salaries in the Emerald City:

1. Heller Ehrman: $145,000.

2. Susman Godfrey: $140,000.

3. Wilson Sonsini: $145,000.

These are all firms with their origins outside Seattle. What about homegrown firms, like Perkins Coie or Davis Wright Tremaine?

Please discuss Seattle associate salaries in the comments to this post. Thanks.

Bingham McCutchen: Land of the Amazons?

amazons female lady warrior fighter.jpg

Congratulations to these five law firms, which just made Fortune magazine's list of the 100 Best Companies To Work For:

-- Alston & Bird (#19)
-- Arnold & Porter (#26)
-- Nixon Peabody (#49)
-- Perkins Coie (#64)
-- Bingham McCutchen (#94)

The Recorder has a write-up of the results, which contains some fun factoids. Did you know that each Perkins Coie office has a "Happiness Committee," which throws surprise parties for lawyers and staff?

This is unusual. Many law firms have "Unhappiness Committees," which are sometimes called "Personnel Committees" or "Associate Life Committees." But we don't know of any other firm with a "Happiness Committee."

And here's something we didn't know about the #94 company on the list, Bingham McCutchen (whose name we keep on misspelling):

[A]t Bingham, women outnumber men two to one and make up 23 percent of the partner ranks -- believed to be the highest percentage in the industry, according to the Fortune report.

No wonder the Bingham men are so happy.

Five Law Firms Score Places on Fortune Magazine's 'Best Companies' List [The Recorder via Law.com]
100 Best Companies To Work For [Fortune]

Another Dispatch from DFOpalooza

o'scannlain reunion 9.JPG

Judge Diarmuid O'Scannlain, Mrs. Maura O'Scannlain, and two decades' worth of law clerks and judicial assistants. (We apologize for the less-than-stellar quality of this pic. If you live in the D.C. area and would like to give us a tutorial in digital photography, email us.)

Our photo essay about the historic Pioneer Courthouse, in Portland, Oregon, is complete . But our coverage of "DFOpalooza" -- the delightful weekend of events celebrating Ninth Circuit Judge Diarmuid F. O'Scannlain's 20th judicial anniversary -- isn't quite done.

After the jump, more fun photographs. We traveled across the country to be there, so we intend to milk it for all it's worth. And, of course, it's good publicity for our awesome former boss.

If you're a federal judge who's wondering, "Why isn't my law clerk reunion being covered this lavishly?", there's a solution: Invite us to your next one! (Hey Frank -- we hear your house in Alaska is pretty sweet.)

Continue reading "Another Dispatch from DFOpalooza"