Anonymous Loser wrote:mistergoft wrote:mike7174 wrote:Given the fact that all BigLaw starting salaries are currently at 160K, what exactly is the relative advantage of working for a V10 firm as opposed to a V50 or V100 firm? Why do some people say things like "V10 or bust"? Do the higher ranked firms award larger bonuses? Do salaries start to significantly diverge after the first year? What exactly is it that these people are after?
This is like asking "when NYLS students can potentially make 160K/year, why do people say "T10 or bust"
What a ridiculous OL analogy. No, it's not like asking that at all. It is like asking: "If Robins Kaplan has PPP that's nearly double that of Cravath, why the fuck do I care if Cravath is V2 and Robins Kaplan is unranked?"
Yeah, well, sarcasm is lost on some of us. Also, I don't know anything about Robins Kaplan, but I assume you're not citing a real statistic. The only firm I know that is anywhere near double Cravath in PPP is Watchell, and even then, not really.
Anyways, my thoughts are that people crave rankings; the "ZOMG mine is bigger than yours" mentality. That's what breeds this type of mentality. I'm sure for many, a gig at Quinn Emmanuel would be better than a gig at Skadden, but, some people are just intent on being at the highest ranked firm possible. There is no explanation other than that people are obsessed with frivolous, superficial labels.