You don’t often hear many good things about diversity in the legal profession. Women lawyers continue to be told how to dress themselves, and minorities have to grapple with racist typos.
Despite the negativity that exists in the law when it comes to issues of gender, race, and sexual orientation, there are some law firms that are doing their best to make sure their attorneys are as diverse as their practice areas.
Which law firms came out on top in terms of diversity? Check out Vault’s rankings to find out…
Despite what you might have heard, Biglaw isn’t all about the Benjamins, and it’s not all about the prestige either. While stories abound about long days and even longer nights spent at the office, some people actually enjoy working those hours — because their firms make it somewhat pleasurable to do so.
Some firms provide the means for their associates to have a decent quality of life (see, e.g., Cleary associates who “have a baby” to go to a Katy Perry concert and Quinn associates who get paid to go away for a while), while others do not.
Do you want to work at a firm where your quality of life as an associate is rated as among the best? Vault’s annual Best Law Firms to Work For ranking will tell you where to look if you want to be truly happy…
It’s mid-July and summer associate programs are poppin’ at Biglaw firms across the country. While some summer associates are working themselves to the bone, others are taking advantage of their ability to be wined and dined by their firms. Sure, being an actual associate is more work than play, but why not have fun while you still can?
Today, we’ve got a very timely ranking of the large law firms where summer associates have the most fun, courtesy of Vault. If you were lucky enough to summer at one of these firms, we bet you had a blast.
Staci here. Earlier this month, Vault released its closely watched rankings of the nation’s 100 most prestigious law firms. It was there that we learned Wachtell Lipton held onto its title as the most prestigious firm in America for the twelfth year in a row — but not by much. Cravath was very close to snatching the crown, and we’ll see how this grudge match pans out next year.
In the meantime, please don’t think that we’ve forgotten how much our loyal readers enjoy Biglaw rankings. Perhaps your firm isn’t the most prestigious, but that doesn’t mean it doesn’t have clout. Some law firms reign supreme when it comes to certain practice areas, and others are known to dominate entire regions of the country.
Which law firms are considered to be at the top of their game by practice area and region? Let’s find out!
It pains me to say this, given my own predilection for prestige worship, but here’s a question: does prestige matter as much as it used to? In an era of greater access to information, a law firm’s overall prestige arguably matters less than it once did.
If a client is looking for an excellent firm in a particular practice area, it can now easily access information about which firms, and even which individual lawyers, excel in which niches. It no longer has to rely on a firm’s brand name as a proxy for a specific strength. And other factors matter to the public as well. Is a firm a good place to work? How stable is its partnership, in this era of increased lateral movement? Is the firm growing or declining?
But make no mistake: prestige is still hugely important. Which is why the Vault law firm rankings are so eagerly anticipated each year.
The latest rankings from Vault of the country’s 100 most prestigious law firms just came out. How do they look?
Throughout 2013, along with our friends at Good2BSocial, ATL researched the social media practices of law firms. The research had three components: (1) a review of the websites and social media profiles of the Am Law 50 across all public platforms, including an assessment of each firm’s publicly available content as well as social reach and engagement (number of followers, comments, etc.); (2) a survey of the firms themselves regarding the extent to which they are currently using social technologies and practices internally; and (3) a survey of the ATL readership to glean the perspective of practicing attorneys and other legal professionals.
We are publishing the results of this research in two stages. Back in December, we published a white paper summarizing our findings and analysis. (Sign up here to receive a free download of the paper.) Our findings show that, while the majority of the Am Law 50 are established on the major public social media platforms, their presence often exhibits only a token effort. Generally speaking, there is little evidence that Biglaw is addressing the social media landscape strategically rather than using it as just another marketing channel for firm news and press releases. That said, some Biglaw firms are distinguishing themselves with the reach, engagement, and creativity of their social media efforts.
Today we publish the second component of our findings: our inaugural Social Law Firm Index, where we identify which specific firms are making the most effective use of social media…
Most every law firm — including 100 percent of the Am Law 50 — maintains a Linkedin company page. Or rather, “maintains” such a presence on that most buttoned-up of all the social media platforms. A quick look at the LinkedIn pages of the Vault top 10 shows that only two firms bothered to change their page’s default setting to display “Services” rather than the inapt “Products” tab on the navigation menu. (Kudos to Kirkland and Debevoise!) This might seem like the most trivial of nits to pick, but aren’t these firms defined by fanatical attention to detail? Yet this nonchalance is emblematic of Biglaw’s unsettled relationship with social media.
We can safely assume that Biglaw’s old guard just wants social media to get off its lawn already, but what data we have strongly suggests that, as organizations, firms believe — or act as if they believe — that engagement with social media is worth doing (paceBrian Tannenbaum). When we examine the particulars of how they are managing this engagement, firms should hope that there is truth to Chesterton’s dictum: “If a thing is worth doing, it is worth doing badly….”
Lifting the hood on Wachtell Lipton is an interesting endeavor. An in-depth look at the inner workings of America’s superfirm would appeal to legal professionals and the business world alike.
But a custom repackaging of glowing reviews from associates does not a useful profile make. This Business Insider review of working at Wachtell reads like a brochure. Everything is sunshine and lollipops at 51 West 52nd Street. Double rainbows sprout from Marty Lipton’s every orifice.
While I’m sure everyone loves their handsome compensation packages, there has to be more dirt out there to balance out the sort of comments these insiders offer…
We’ve just entered August, so you know what that means: the start of on-campus interviewing season. If you’re a law student researching firms or a lawyer involved in your firm’s recruiting efforts, check out Above the Law’s law firm directory, where law firms get letter grades in different categories. Law firms might look alike on the surface, but there are very real differences between them, as our grading system reflects.
For example, law firms diverge when it comes to diversity. While every firm gives lip service to diversity, some firms have the goods to back up their claims, while others do not.
Let’s check out the latest diversity rankings, from two different news outlets, to see which firms are truly diverse….
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.
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.