Some people compare Biglaw to high school, but there wasn’t a lot of statistical evidence that proved popularity in high school. Thankfully, the Career Center can provide some hard data on the most popular firms in Biglaw.
In the month and a half since its launch, the Firm Snapshots on the Career Center have been viewed almost 100,000 times. We are constantly updating these snapshots with new information (some good news, some bad news), and in the last week we have updated the profiles for each of the following firms: Gibson Dunn Skadden Venable Cravath Pillsbury Bryan Cave Shearman
Thanks to all of you who have sent in tips. Feel free to send additional updates to firstname.lastname@example.org.
We also encourage you to share information about your firm by signing up and taking our four-question survey.
So now, on to the good stuff — which firms have been most popular recently? We’ve complied the list of the 20 most visited firm snapshots in the month of June.
Check it out, after the jump.
We regularly receive tips about educational or charitable events that might interest our readers. Because we don’t have the ability to give shout-outs to all, and to ensure equal treatment, we direct everyone with events of a non-commercial nature to mention them in our Community section (which, by the way, is overflowing with openings for deferred associates right now).
(The Community section is for non-profit events or opportunities. If what you’re trying to promote is commercial in nature, please advertise. Commercial postings will be pulled from the Community.)
Our rule against event promotion admits of exceptions. We will mention events featuring significant participation by Above the Law editors — like this one, taking place this coming Tuesday, July 16:
Breaking Back into a Large Law Firm: How to Make Your Way Back into a Top Law Firm
Moderator: BRIAN DALTON, Managing Editor, Vault.com and Editor Vault Guide to the Top 100 Law Firms
Speakers: DAVID LAT, Founding Editor, AboveTheLaw.com; T.J. DUANE, Principal, Lateral Link; HELEN LONG, Director Legal Recruiting at Ropes & Gray LLP; JOHN J. CANNON III, Hiring Partner, Shearman & Sterling LLP.
The panel is part of an a day-long conference, co-sponsored by the New York City Bar and Vault, with the following mission:
Affected by the current financial crisis, many lawyers are finding themselves looking for employment. This program is designed to assist job-seeking attorneys in learning how best to market themselves whether they are looking to go to a firm, start their own practice or are considering an alternative legal career.
Last week, we brought you information about which firms respect your weekends — and which don’t. This week, we tackle a related topic: vacation. As noted earlier today, it’s an area where firms have been makingchanges lately.
At which firms are your vacations safe? And at which firms might vacation time be at risk — assuming your firm hasn’t given you a permanent vacation (a la McDermott)?
Most associates at top law firms said that it is uncommon for vacations to be canceled, but it happens sometimes. Firms where vacations appear to be the safest include Akin Gump, Sidley, Weil and Winston, where more than one-third of the associates at each firm report that it is very rare for associates to be expected to cancel vacation.
Honorable mention goes to Dechert, Baker & McKenzie, Milbank, Orrick, Skadden, and Willkie.
At which firms is vacation cancellation more likely? After the jump.
Our new Career Center, brought to you by ATL and Lateral Link, continues to gain momentum. Traffic to the center has been growing steadily since its launch last month.
Recently we shared with you the top ten most-viewed profiles. We update that list after the jump. As you’ll see, there hasn’t been much movement in the top 10 since last week. Quinn Emanuel retains the top spot — perhaps not surprisingly, in light of recentevents. Check out how Google searches for “Quinn Emanuel” have spiked in the past week.
Today we’d like to highlight a different feature of the Career Center: Firm Comparisons. Accessing it requires registration, but registering is free and easy. You can then compare law firms on various metrics, including compensation, the associate experience, billable hours, vacation policy, and partnership prospects.
Let’s use partnership prospects as an example. Here is how the top nine firms, ranked by how often their profiles are viewed, stack up:
Quinn: # 57% It is an achievable goal if you work for it # 42% It is a longshot no matter how hard you work
# 64% It is a longshot no matter how hard you work
# 21% It is an achievable goal if you work for it
# 14% There is virtually no chance, don’t even try
# 50% It is an achievable goal if you work for it
# 50% It is a longshot no matter how hard you work
# 66% There is virtually no chance, don’t even try
# 33% It is an achievable goal if you work for it
Kirkland & Ellis
# 40% It is a longshot no matter how hard you work
# 40% It is an achievable goal if you work for it
# 18% There is virtually no chance, don’t even try
# 66% It is an achievable goal if you work for it
# 33% It is a longshot no matter how hard you work
Sullivan & Cromwell:
# 88% It is a longshot no matter how hard you work
# 11% There is virtually no chance, don’t even try
# 50% It is an achievable goal if you work for it
# 33% There is virtually no chance, don’t even try
# 16% It is a longshot no matter how hard you work
# 45% It is a longshot no matter how hard you work
# 45% It is an achievable goal if you work for it
# 09% There is virtually no chance, don’t even try
There wasn’t enough data for the missing member of the top ten — our former firm, Wachtell Lipton. But with a one-to-one partner to associate ratio, WLRK partnership prospects are pretty decent (by Biglaw standards).
An updated list of the most popular firm profiles, after the jump.
A few weeks ago, we launched a new Career Center, brought to you by ATL and Lateral Link. Since then, the law firm profiles in the Center have been viewed tens of thousands of times.
We thought it would be interesting to share with you the top ten most-viewed profiles. Here they are (click on the firm name to see the profile):
Above the Law is a valuable resource for lawyers planning their careers. Faithful ATL readers know that the site contains important and useful information about the nation’s leading law firms, in terms of culture, compensation, and a whole host of other metrics. If you’d like to know about law firm layoffs, bonuses, or start dates, to name just a few examples, ATL is there.
Now we’re providing you with a resource for researching your favorite firms in a more systematic fashion. Together with our friends at Lateral Link, we have created a brand-new Career Center. To check it out, click here.
The site has a few sections. In Firm Snapshots, you can view profiles of individual firms. In Firm Comparisons, you can compare different firms on various metrics.
To keep the information in the Career Center accurate and up-to-date, we’ll be asking for your help. Please register for full access to the site. If you’re a lawyer at a firm included in the Career Center, you’ll be asked to answer short survey questions about your firm when you visit. We’ll aggregate and update our data each time a new visitor logs in to the site. By providing users with the ability to generate detailed firm reports, both individually and on a comparative basis, the Career Center offers attorneys a new way to navigate the law firm landscape.
If you are a recruiting director at a featured firm, please take a few minutes (if you have not done so already) to review the content of your firm profile for accuracy. If you have any corrections or updates, or general feedback about the Career Center, please email them to email@example.com. Our goal is to present data that is dynamic, continually updated, and accurate, differentiating our Career Center from other outlets.
We hope that the new Career Center will be a valuable resource to ATL readers. Enjoy!
We regularly receive tips about free events that might interest our readers. Because we don’t have the ability to give shout-outs to all, and to ensure equal treatment, we direct everyone with events to promote to mention them in our Community section. If your event is more commercial in nature, you can advertise it on ATL; if your budget is limited, consider a quicklisting.
Our rule against event promotion admits of exceptions. We will mention events featuring significant participation by Above the Law editors (e.g., a speech by one of us). We’ll also mention selected events sponsored by our advertisers (like the happy hour sponsored by Major Lindsey & Africa, and the launch party of Practical Law Company).
If you’ll be in or near Morgantown, West Virginia — which isn’t far from Pittsburgh, and which happens to be one of the few cities that’s doing well in the downturn — you might be interested in this event, featuring your above-signed editor (see the 9:50 a.m. panel):
DIGITAL ENTREPRENEURSHIP: INCENTIVES AND LEGAL RISKS
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: