DAJ_Summer wrote:beachbum wrote:RVP11 wrote:If you can get a job at Cravath, you can also probably get a job at at least one of SullCrom, DPW, STB, Cleary, Kirkland, etc.
I - and I think most other sane people - would take any of those firms over Cravath.
An ignorant 0L question, but what makes Cravath so bad? Is it just the hours? And are they really that much worse than comparable firms? It seems strange that one firm would work its associates so much harder, particularly when overall compensation at that firm is similar (if not identical) to its peers.
What RVP11 wrote in response sums up a lot of the thoughts people have about it. Cravath's prestige is largely historical - it has a hell of a lot more peers (true peers, not near peers) these days than it used to.
While people work long hours at any firm, at Cravath it's particularly cultural and unavoidable. Firms have reputations that are stereotypical and not always true on an individual level, but Cravath's reputation for yelling or sternness or formality is definitely nut entirely undeserved.
Cravath also arguably suffered the worst in the down turn amongst its 'peer' group, which was surprising and damning.
What it really boils down to isn't that Cravath is bad, it's that its flaws and quirks are not really balanced out by major positive sides. The deals and exit options and cases and compensation and perks at Cravath, to most people, don't actually compensate at all for the perceived harshness compared to its competitors. All that's really left is that historical veneer of prestige.
And the silliest poast of the day goes to....... This guy!
It's probably a bit less of a genteel and "nice" firm than others, so if you like that environment it might not be for you. But otherwise this is crazy. All biglaw hours are bad. Lifestyle firms are largely a myth, and to the extent they do exist, they are not comparable to Cravath.
If by "historical veneer of prestige" you mean "involvement in many of the biggest and most high-profile matters around," then I agree. And I don't know what "worst among it's peers" means. So it's the worst among the top eight or so firms in the world? OH NOES! I also don't know who these "most people" are that don't feel like the pay and exit options at Cravath aren't good; it doesn't seem to me like they're having trouble filling their summer class with top students/top schools.