JamesDean1955 wrote: Aberzombie1892 wrote:
Sheffield wrote:When you land a (SA) firm that pays BL $$, does their rank matter? Is it significant that they have +300 attorneys or 50? In case it does matter, please expound. Thx.
Rank? Are you serious? So, you're asking if the size of the firm matters? No. Assuming you receive more than one SA offer, what matters is the following in order: offer rate for SA's, yearly retention rate for hired associates, billable hour requirements for hired associates, benefits for hired associates (including bar stipends), associate/partner ratio, anything else of value to you (i.e. whether pro bono hours are counted as billable hours).
+1. As long as we're talking about roughly V100 firms. Within the V100 I wouldn't think your exit options would be drastically different (maybe for the top 10 firms they might be slightly better). If anyone believes otherwise, I would love to see some actual evidence.
From what I've seen, there is a hell of a lot of difference in exit options between an associate from Wachtell, Cravath, SullCrom, DPW, etc than an associate from Schulte, Stroock, Hughes Hubbard, Pillsbury, DLA Piper, etc. It would be extremely difficult to show actual evidence, however.
Also, I agree that Chambers is more reliable when it comes to specific practice areas, but how many people are dead set on a particular practice area before they even begin their summer associate jobs? A lot of incoming SAs don't even have the corporate versus litigation decision decided. I've got a job lined up in a group that I never thought I would join. Even after the first couple years of law school—never thought I would really like this type of work. (And I didn't much care for the type of work that I thought I would really enjoy.)