Ideal Biglaw Employment Path

(Applications Advice, Letters of Recommendation . . . )
User avatar
glitched
Posts: 1040
Joined: Wed May 19, 2010 9:50 am

Ideal Biglaw Employment Path

Postby glitched » Wed Jun 08, 2011 2:00 pm

Okay, so if you wanted biglaw, and you had the grades/interviewing ability/good looks to go through any path to get there, what would be your best bet for the most bucks?

This is my guess at the ideal path:
1L Summer: Judical clerkship
2L Summer: SA at law firm
3L Post-graduation employment: A3 Clerkship
Post-clerkship: Associate at law firm

Or would it be better to:
1L Summer: SA at law firm
2L Summer: SA at law firm
3L Post-graduation employment: Associate at law firm

I don't really know what people do for winter... but i am damn well hoping that they... chill. 8)
Last edited by glitched on Wed Jun 08, 2011 2:04 pm, edited 2 times in total.

User avatar
bk1
Posts: 18422
Joined: Sun Mar 14, 2010 7:06 pm

Re: Ideal Biglaw Employment Path

Postby bk1 » Wed Jun 08, 2011 2:01 pm

Well this is certainly putting the cart before the horse.

protein
Posts: 228
Joined: Thu Mar 10, 2011 3:44 am

Re: Ideal Biglaw Employment Path

Postby protein » Wed Jun 08, 2011 2:12 pm

glitched wrote:Okay, so if you wanted biglaw, and you had the grades/interviewing ability/good looks to go through any path to get there, what would be your best bet for the most bucks?

This is my guess at the ideal path:
1L Summer: Judical clerkship
2L Summer: SA at law firm
3L Post-graduation employment: A3 Clerkship
Post-clerkship: Associate at law firm

Or would it be better to:
1L Summer: SA at law firm
2L Summer: SA at law firm
3L Post-graduation employment: Associate at law firm

I don't really know what people do for winter... but i am damn well hoping that they... chill. 8)


my, you're a humble one

User avatar
glitched
Posts: 1040
Joined: Wed May 19, 2010 9:50 am

Re: Ideal Biglaw Employment Path

Postby glitched » Wed Jun 08, 2011 2:17 pm

protein wrote:
glitched wrote:Okay, so if you wanted biglaw, and you had the grades/interviewing ability/good looks to go through any path to get there, what would be your best bet for the most bucks?

This is my guess at the ideal path:
1L Summer: Judical clerkship
2L Summer: SA at law firm
3L Post-graduation employment: A3 Clerkship
Post-clerkship: Associate at law firm

Or would it be better to:
1L Summer: SA at law firm
2L Summer: SA at law firm
3L Post-graduation employment: Associate at law firm

I don't really know what people do for winter... but i am damn well hoping that they... chill. 8)


my, you're a humble one


i never said i had such qualities. i am saying IF.

09042014
Posts: 18282
Joined: Wed Oct 14, 2009 10:47 pm

Re: Ideal Biglaw Employment Path

Postby 09042014 » Wed Jun 08, 2011 2:19 pm

1L: SA
2L: SA
1 grad year: A3 feeder Clerkship
2 grad year: Supreme Court Clerkship + $250,000 bonus
Big law wherever you want.

User avatar
JamMasterJ
Posts: 6688
Joined: Sat Jan 29, 2011 7:17 pm

Re: Ideal Biglaw Employment Path

Postby JamMasterJ » Wed Jun 08, 2011 2:21 pm

Desert Fox wrote:1L: SA
2L: SA
1 grad year: A3 feeder Clerkship
2 grad year: Supreme Court Clerkship + $250,000 bonus
Big law wherever you want.

DF is always credited



except when he trolls for NU :wink:

09042014
Posts: 18282
Joined: Wed Oct 14, 2009 10:47 pm

Re: Ideal Biglaw Employment Path

Postby 09042014 » Wed Jun 08, 2011 2:29 pm

JamMasterJ wrote:
Desert Fox wrote:1L: SA
2L: SA
1 grad year: A3 feeder Clerkship
2 grad year: Supreme Court Clerkship + $250,000 bonus
Big law wherever you want.

DF is always credited



except when he trolls for NU :wink:


TBF I say it's as good at Cornell. Which is hugely insulting to NU.

User avatar
DaftAndDirect
Posts: 381
Joined: Fri Jan 28, 2011 4:28 pm

Re: Ideal Biglaw Employment Path

Postby DaftAndDirect » Wed Jun 08, 2011 2:39 pm

I have a feeling no good answers and a lot of speculation are the only things coming out of this thread.

User avatar
DaftAndDirect
Posts: 381
Joined: Fri Jan 28, 2011 4:28 pm

Re: Ideal Biglaw Employment Path

Postby DaftAndDirect » Wed Jun 08, 2011 2:41 pm

I have a feeling no good answers and a lot of speculation are the only things coming out of this thread.

User avatar
Law Sauce
Posts: 923
Joined: Mon Nov 15, 2010 2:21 pm

Re: Ideal Biglaw Employment Path

Postby Law Sauce » Wed Jun 08, 2011 2:44 pm

glitched wrote:Okay, so if you wanted biglaw, and you had the grades/interviewing ability/good looks to go through any path to get there, what would be your best bet for the most bucks?


Good grades from a good school. Clerkship is just bonus for people who already had biglaw lined up.

User avatar
Moxie
Posts: 665
Joined: Thu Aug 06, 2009 3:27 pm

Re: Ideal Biglaw Employment Path

Postby Moxie » Wed Jun 08, 2011 2:46 pm

Desert Fox wrote:1L: SA
2L: SA
1 grad year: A3 feeder Clerkship
2 grad year: Supreme Court Clerkship + $250,000 bonus
Big law wherever you want.


Basically this, although 1L summer really doesn't make much of a difference. Granted, it's nice to do a 1L SA and get an offer so you don't have to stress about OCI, but if your interests lie somewhere else (PI, gov't, etc.) that summer is the best time to try them out.

A3 clerkships are highly coveted by all firms, and can open doors to the most elite firms. SCOTUS clerkships are even more prestigious.

Law Sauce wrote:[Good grades from a good school. Clerkship is just bonus for people who already had biglaw lined up.


But great clerkships can open up doors to firms a student couldn't get before (and are basically a pre-requisite at some firms) Biglaw is great in itself, but there's a reason people would kill to go to firms like W&C, Kellog Huber, etc.

User avatar
Law Sauce
Posts: 923
Joined: Mon Nov 15, 2010 2:21 pm

Re: Ideal Biglaw Employment Path

Postby Law Sauce » Wed Jun 08, 2011 2:50 pm

Moxie wrote:but there's a reason people would kill to go to firms like W&C, Kellog Huber, etc.


Yea but unless Im wrong, money isnt the biggest reason people want these ultra prestigious firms. Bonuses may be higher, but starting pay is similar and reaching partner is harder/impossible. Maybe reaching partner at a different firm is easier after you leave W&C?

User avatar
JamMasterJ
Posts: 6688
Joined: Sat Jan 29, 2011 7:17 pm

Re: Ideal Biglaw Employment Path

Postby JamMasterJ » Wed Jun 08, 2011 2:51 pm

Desert Fox wrote:
JamMasterJ wrote:
Desert Fox wrote:1L: SA
2L: SA
1 grad year: A3 feeder Clerkship
2 grad year: Supreme Court Clerkship + $250,000 bonus
Big law wherever you want.

DF is always credited



except when he trolls for NU :wink:


TBF I say it's as good at Cornell. Which is hugely insulting to NU.

I just kidding. I'm actually applying there next cycle if I do well on the Oct LSAT

User avatar
Verity
Posts: 1253
Joined: Sun Jan 30, 2011 11:26 pm

Re: Ideal Biglaw Employment Path

Postby Verity » Wed Jun 08, 2011 2:53 pm

What's A3? Just want to get the lingo.

User avatar
bk1
Posts: 18422
Joined: Sun Mar 14, 2010 7:06 pm

Re: Ideal Biglaw Employment Path

Postby bk1 » Wed Jun 08, 2011 2:55 pm

Verity wrote:What's A3? Just want to get the lingo.

Article III Clerkship

User avatar
BackToTheOldHouse
Posts: 862
Joined: Wed Jul 14, 2010 4:03 pm

Re: Ideal Biglaw Employment Path

Postby BackToTheOldHouse » Wed Jun 08, 2011 2:56 pm

Verity wrote:What's A3? Just want to get the lingo.

Alf, third season
--ImageRemoved--

User avatar
Moxie
Posts: 665
Joined: Thu Aug 06, 2009 3:27 pm

Re: Ideal Biglaw Employment Path

Postby Moxie » Wed Jun 08, 2011 2:56 pm

Law Sauce wrote:
Moxie wrote:but there's a reason people would kill to go to firms like W&C, Kellog Huber, etc.


Yea but unless Im wrong, money isnt the biggest reason people want these ultra prestigious firms. Bonuses may be higher, but starting pay is similar and reaching partner is harder/impossible. Maybe reaching partner at a different firm is easier after you leave W&C?


Well W&C pays a higher salary (and is currently even more than NYC Biglaw salary + bonuses). Susman and Wachtell offer significantly better bonuses than NYC Biglaw, and while I can't find information on Kellogg Huber and similar firms, I imagine they at least match NYC biglaw, and most likely provide higher salaries. Plus, associates that join those firms after clerkships will get a $50,000 or $70,000 bonus (or $250,000 if coming from SCOTUS clerkship), so there's a big financial benefit.

And these "boutiques" often offer better partnership prospects than NYC Biglaw, I'm not sure what would make you think otherwise. Odds aren't good in either situation, but considering the huge summer classes NYC Biglaw firms bring in and how few partners they name every year, they can't be worse anywhere else. (Plus using an example, W&C almost never takes laterals, so all promoted partners have been with the firm since their clerkship ended)

A3 is an Article III clerkship, with US Court of Appeals circuits or a US District Court.

Edit to say: people want these "ultra-prestigious firms" for the prestige and stability. I'm sure money is a factor for many, since their higher salaries are not going to be affected by the economy the way Biglaw bonuses have been.

User avatar
glitched
Posts: 1040
Joined: Wed May 19, 2010 9:50 am

Re: Ideal Biglaw Employment Path

Postby glitched » Wed Jun 08, 2011 2:58 pm

Verity wrote:What's A3? Just want to get the lingo.


Asshol3 Clerkship. You gotta be an asshole to get it..


lol it stands for article 3 clerkship: http://en.wikipedia.org/wiki/Article_Th ... nstitution

User avatar
Verity
Posts: 1253
Joined: Sun Jan 30, 2011 11:26 pm

Re: Ideal Biglaw Employment Path

Postby Verity » Wed Jun 08, 2011 3:00 pm

thanks all

User avatar
Law Sauce
Posts: 923
Joined: Mon Nov 15, 2010 2:21 pm

Re: Ideal Biglaw Employment Path

Postby Law Sauce » Wed Jun 08, 2011 3:14 pm

Moxie wrote:
Law Sauce wrote:
Moxie wrote:but there's a reason people would kill to go to firms like W&C, Kellog Huber, etc.


Yea but unless Im wrong, money isnt the biggest reason people want these ultra prestigious firms. Bonuses may be higher, but starting pay is similar and reaching partner is harder/impossible. Maybe reaching partner at a different firm is easier after you leave W&C?


Well W&C pays a higher salary (and is currently even more than NYC Biglaw salary + bonuses). Susman and Wachtell offer significantly better bonuses than NYC Biglaw, and while I can't find information on Kellogg Huber and similar firms, I imagine they at least match NYC biglaw, and most likely provide higher salaries. Plus, associates that join those firms after clerkships will get a $50,000 or $70,000 bonus (or $250,000 if coming from SCOTUS clerkship), so there's a big financial benefit.

And these "boutiques" often offer better partnership prospects than NYC Biglaw, I'm not sure what would make you think otherwise. Odds aren't good in either situation, but considering the huge summer classes NYC Biglaw firms bring in and how few partners they name every year, they can't be worse anywhere else. (Plus using an example, W&C almost never takes laterals, so all promoted partners have been with the firm since their clerkship ended)

A3 is an Article III clerkship, with US Court of Appeals circuits or a US District Court.

Edit to say: people want these "ultra-prestigious firms" for the prestige and stability. I'm sure money is a factor for many, since their higher salaries are not going to be affected by the economy the way Biglaw bonuses have been.


O Ok interesting

User avatar
nealric
Posts: 2395
Joined: Fri Sep 25, 2009 9:53 am

Re: Ideal Biglaw Employment Path

Postby nealric » Wed Jun 08, 2011 11:59 pm

Biglaw associate here:

1L summer: nobody really cares as long as you did something law related and can talk about is intelligently. Nobody really cares if some judge let you do free grunt work for them. 1L SA is a great way to make money and get in with a firm if you can swing it. Most firms (including mine) don't really hire 1Ls.
2L summer: summer associate. This is basically mandatory.
Post 3L: start work; clerk if you are into litigation

An article III clerkship is pretty useless if you want to do transactional work.

User avatar
quakeroats
Posts: 1399
Joined: Mon Oct 26, 2009 8:34 am

Re: Ideal Biglaw Employment Path

Postby quakeroats » Thu Jun 09, 2011 12:05 am

Desert Fox wrote:1L: SA
2L: SA
1 grad year: A3 feeder Clerkship
2 grad year: Supreme Court Clerkship + $250,000 bonus
Big law wherever you want.


Only if you want litigation. 250k sounds like a lot until you consider taxes, and the salary and bonuses you missed.

User avatar
Verity
Posts: 1253
Joined: Sun Jan 30, 2011 11:26 pm

Re: Ideal Biglaw Employment Path

Postby Verity » Thu Jun 09, 2011 1:24 am

nealric wrote:Biglaw associate here:

1L summer: nobody really cares as long as you did something law related and can talk about is intelligently. Nobody really cares if some judge let you do free grunt work for them. 1L SA is a great way to make money and get in with a firm if you can swing it. Most firms (including mine) don't really hire 1Ls.
2L summer: summer associate. This is basically mandatory.
Post 3L: start work; clerk if you are into litigation

An article III clerkship is pretty useless if you want to do transactional work.



Interested in the bolded. Will firms hire you for transactional work with the same bonuses and general receptivity? Or if you want M&A at WLRK will you basically have wasted a few years?

Renzo
Posts: 4265
Joined: Tue Dec 02, 2008 3:23 am

Re: Ideal Biglaw Employment Path

Postby Renzo » Thu Jun 09, 2011 1:34 am

Verity wrote:
nealric wrote:Biglaw associate here:

1L summer: nobody really cares as long as you did something law related and can talk about is intelligently. Nobody really cares if some judge let you do free grunt work for them. 1L SA is a great way to make money and get in with a firm if you can swing it. Most firms (including mine) don't really hire 1Ls.
2L summer: summer associate. This is basically mandatory.
Post 3L: start work; clerk if you are into litigation

An article III clerkship is pretty useless if you want to do transactional work.



Interested in the bolded. Will firms hire you for transactional work with the same bonuses and general receptivity? Or if you want M&A at WLRK will you basically have wasted a few years?


You will have wasted your time, but you might still get a bonus. Many firms, however, only give class year credit/bonuses if you're coming into litigation. After all, what have you learned about about mezzanine debt structures while you were clerking that would justify it?

User avatar
Verity
Posts: 1253
Joined: Sun Jan 30, 2011 11:26 pm

Re: Ideal Biglaw Employment Path

Postby Verity » Thu Jun 09, 2011 1:38 am

Renzo wrote:
Verity wrote:
nealric wrote:Biglaw associate here:

1L summer: nobody really cares as long as you did something law related and can talk about is intelligently. Nobody really cares if some judge let you do free grunt work for them. 1L SA is a great way to make money and get in with a firm if you can swing it. Most firms (including mine) don't really hire 1Ls.
2L summer: summer associate. This is basically mandatory.
Post 3L: start work; clerk if you are into litigation

An article III clerkship is pretty useless if you want to do transactional work.



Interested in the bolded. Will firms hire you for transactional work with the same bonuses and general receptivity? Or if you want M&A at WLRK will you basically have wasted a few years?


You will have wasted your time, but you might still get a bonus. Many firms, however, only give class year credit/bonuses if you're coming into litigation. After all, what have you learned about about mezzanine debt structures while you were clerking that would justify it?


Yeah, I prefer orchestra too.




Return to “Law School Admissions Forum”

Who is online

Users browsing this forum: ashrice13, ashterlily, Baidu [Spider], Bing [Bot], bleakchimera2, carlos_danger, Leliana, Lordcarnus123 and 16 guests