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?
* The latest Vault 100 rankings are out, and it’s time to find out which Biglaw firm is the most prestigious in all the land. Is it Wachtell? Is it Cravath? We’ll have the answer for you, and much more analysis, later today. [Vault]
* A former office manager at Vedder Price has been accused in a $7M embezzlement scandal. She allegedly used the money to buy “lavish homes, numerous vacations” — it’s as if she were trying to live like a partner. [ABA Journal]
* Since the Redskins’ trademark was canceled by the Patent and Trademark Office, sports fans are wondering whose offensive team name is next. The Cleveland Indians might get scalped. [WSJ Law Blog]
* According to ALM Legal Intelligence, paralegal pay is on the rise, and it’s almost $80/hr in top roles. Why should new attorneys care about this? Because they’ll probably have to work as paralegals. [ALM]
* Double the deanships, double the fun: Penn State Law’s campuses have been approved by the ABA to become separately accredited locations. We’ll take bets on which one closes first. [StateCollege.com]
It’s always a little jarring when someone uses a big news event to bore down deeper into their own bizarre area of interest. Take, for instance, the Newtown massacre. While most news organizations were digging deep into the social, psychological, and political ramifications of the horror, ESPN reported on what it all meant to Jimmie Johnson. Or Rick Pitino’s stance on gun control. A White Sox relief pitcher made a trip to Newtown, and ESPN was there. Now, I don’t begrudge ESPN’s attempt to report the massacre through the prism of sports. The combination of seemingly disparate news elements sometimes yields interesting insights. But sometimes it just yields one more story about stock car racing. So it goes.
Now that all of the introductories are dispensed with, we can get to the question that’s been nagging all of you for an entire week. Or more!
What does the recent unpleasantness in Ukraine have to do with law firm rankings? And which Biglaw firms have the best presence in Ukraine? I’m glad you asked…
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….
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/
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.
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.