Yesterday, we brought our readers news of the latest Princeton Review law school rankings for best career prospects. Of course, we found it odd that the list was based on nine-month employment statistics for any old kind of job (e.g., people who passed the bar and went on to become bartenders) and again relied heavily on survey responses from current students rather than recent graduates, but we won’t complain.
Today, we’ll focus on two rankings categories for which student feedback actually matters: the law schools with the most competitive students and the law schools with the best quality of life.
Which schools do you think made these lists? We’ll give you a hint and tell you that the second-best law school in the country will be proud to be on at least one of them….
Believe it or not, Biglaw isn’t all about prestige, especially when looking at the legal profession through the lens of the “new normal.” These days, in a supposedly post-recession world, working at a large firm is an aspirational stepping stone on the way to a debt-free life. Associates willingly offer their wrists for Biglaw’s golden handcuffs in the hope of some day being able to escape them for happier pastures.
But for prospective Biglaw employees who have an embarrassment of riches available to them (i.e., offers from multiple firms), wouldn’t it be nice to be able to choose the firm where you’ll have the best quality of life? Or any life at all? Such a thing does exist within the hallowed halls of large law firms, and there’s even a ranking to prove it.
Hot on the heels of its prestige rankings (which still matter to the people who care so very deeply about just how impressive they are), Vault has released its annual quality of life rankings. Sure, some firms may be more prestigious than others, but that doesn’t necessarily mean they’re good places to work.
After a major shake-up in the rankings, which firms made Vault’s top ten this year?
Which law firms are the best law firms to work for? The ones that pay salaries (ideally in excess of $10,000 a year). In a still-challengingjob market, law students and young lawyers will generally work for whichever law firm will have them.
But some prospective employees of Biglaw have the luxury of choosing between multiple employers. And for these privileged and talented few, things like quality of life — to the extent that one can have a quality of life, or a life at all, while toiling away at a top firm — do matter.
Last month, our friends at Vault issued their closely watched Vault 100 rankings, ordering the nation’s major law firms by perceived prestige. Now they’ve followed them up with their annual “quality of life” rankings, expressed as a list of the best law firms to work for.
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 six years. You can reach them by email: email@example.com.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
If your firm is in ‘go’ mode when it comes to recruiting lateral partners with loyal clients, then take this quiz to see how well you measure up. Keep track of your ‘yes’ and ‘no’ responses.
1. Does your firm have a clearly defined strategy of practice groups that are priorities of growth for your office? Nothing gets done by random chance, but with a clear vision for the future. Identify the top practice areas for which you wish to add lateral partners. Seek input from practice group leaders and get specifics on needs, outcomes, and ideal target profiles.
2. In addition to clarifying your firm’s growth strategy, are you still open to the hire of a partner outside of your plan? I’ve made several placements that fit this category. The partner’s practice was not within the strategic growth plan of my client, but once the two parties started talking with each other, we all saw how it could indeed be a seamless fit. Be open to “Opportunistic Hires.” You never know where your next producing partner might come from, so you have to be open to it. I will be the first to admit that there is a quirky element of randomness in recruiting.
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