NYC with options for Litigation and Bankruptcy

(On Campus Interviews, Summer Associate positions, Firm Reviews, Tips, ...)
Forum rules
Anonymous Posting

Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.

Failure to follow these rules will get you outed, warned, or banned.

NYC with options for Litigation and Bankruptcy

Davis Polk
6
21%
Kirkland
7
24%
Paul Weiss
8
28%
Weil
8
28%
 
Total votes: 29

Anonymous User
Posts: 273151
Joined: Tue Aug 11, 2009 9:32 am

NYC with options for Litigation and Bankruptcy

Postby Anonymous User » Fri Sep 09, 2011 6:02 pm

Thoughts?

Anonymous User
Posts: 273151
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC with options for Litigation and Bankruptcy

Postby Anonymous User » Fri Sep 09, 2011 6:07 pm

All of these are great firms. Is there any specific quality you're looking for in a firm?

Anonymous User
Posts: 273151
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC with options for Litigation and Bankruptcy

Postby Anonymous User » Fri Sep 09, 2011 6:38 pm

I was just going to start this thread recently. Here is my two cents. Of the four, Weil is hands down the king of bankruptcy, and I believe that a lot of the work they do is debtor-side, which I understand to be more challenging. Kirkland also does great work in both lit and BK. However, those two firms have identical Chambers rankings for the two practice areas (Band 1 for Bankruptcy, Band 2 for General Commercial Lit: The Elite). DPW is ranked tops in both categories, but they do more creditor-side bankruptcy work. Paul Weiss's bankruptcy group is a bit behind the others, but it's a firm where litigation truly is the primary focus. I would say if you're primarily interested in bankruptcy, go to Weil, assuming you like the culture. If you're more interested in litigation, I would take Paul Weiss. If you're split equally, Kirkland or DPW. However, keep in mind that there are huge culture differences between these firms, and they operate differently (ex. Kirkland's free market system). I'm struggling with a similar decision, but with some other firms in the mix, and would love to hear if anyone else has something to add.

Anonymous User
Posts: 273151
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC with options for Litigation and Bankruptcy

Postby Anonymous User » Fri Sep 09, 2011 7:40 pm

Anonymous User wrote:All of these are great firms. Is there any specific quality you're looking for in a firm?


In no particular order, considerations include:
1) Partner prospects;
2) Exit options;
3) Honesty in feedback, so I don't get thrown under the bus;
4) Compensation;
5) Hours;
6) Collaborative atmosphere, I don't want to be paranoid all the time;
7) Early responsibility;
8 ) Interesting work; not just serving corporate clients.

Anonymous User
Posts: 273151
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC with options for Litigation and Bankruptcy

Postby Anonymous User » Sat Sep 10, 2011 5:42 pm

Well, I guess this poll equals, "you can't go wrong".

User avatar
Old Gregg
Posts: 5413
Joined: Thu Sep 01, 2011 1:26 pm

Re: NYC with options for Litigation and Bankruptcy

Postby Old Gregg » Sun Sep 11, 2011 1:13 am

Davis Polk might be band 1 in bankruptcy, but it's not necessarily a reason to go there. Weil and K&E have the lion's share of big time bankruptcy work, with Skadden coming a distant third. All four have great litigation groups.

Anonymous User
Posts: 273151
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC with options for Litigation and Bankruptcy

Postby Anonymous User » Sun Sep 11, 2011 8:05 am

Anonymous User wrote:
Anonymous User wrote:All of these are great firms. Is there any specific quality you're looking for in a firm?


In no particular order, considerations include:
1) Partner prospects;
2) Exit options;
3) Honesty in feedback, so I don't get thrown under the bus;
4) Compensation;
5) Hours;
6) Collaborative atmosphere, I don't want to be paranoid all the time;
7) Early responsibility;
8 ) Interesting work; not just serving corporate clients.


1) It's a wash
2) +1 to DPW & Skadden, Weil & K&E are great but for name-recognition DPW/Skadden
3) +1 for Skadden/Weil -1 for DPW - culture plays into this
4) K&E wins because of bonus structure
5) It's a wash
6) +1 to DPW, -1 for Skadden
7) +1 to DPW/Weil/K&E
8 ) ?????? For sheer variety, +1 to DPW - very high level work, big names

Anonymous User
Posts: 273151
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC with options for Litigation and Bankruptcy

Postby Anonymous User » Sun Sep 11, 2011 3:22 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:All of these are great firms. Is there any specific quality you're looking for in a firm?


In no particular order, considerations include:
1) Partner prospects;
2) Exit options;
3) Honesty in feedback, so I don't get thrown under the bus;
4) Compensation;
5) Hours;
6) Collaborative atmosphere, I don't want to be paranoid all the time;
7) Early responsibility;
8 ) Interesting work; not just serving corporate clients.


1) It's a wash
2) +1 to DPW & Skadden, Weil & K&E are great but for name-recognition DPW/Skadden
3) +1 for Skadden/Weil -1 for DPW - culture plays into this
4) K&E wins because of bonus structure
5) It's a wash
6) +1 to DPW, -1 for Skadden
7) +1 to DPW/Weil/K&E
8 ) ?????? For sheer variety, +1 to DPW - very high level work, big names


I think #8 means, litigation work that's not just derivative of the "corporate", e.g. transactional clients. Like what Quinn toots their horn about.

Anonymous User
Posts: 273151
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC with options for Litigation and Bankruptcy

Postby Anonymous User » Sun Sep 11, 2011 3:24 pm

there's a pretty substantial difference between creditor and debtor side work. before making the decision make sure you know more of what the differences mean for your day-to-day practice

Anonymous User
Posts: 273151
Joined: Tue Aug 11, 2009 9:32 am

Re: NYC with options for Litigation and Bankruptcy

Postby Anonymous User » Sun Sep 11, 2011 3:31 pm

Anonymous User wrote:there's a pretty substantial difference between creditor and debtor side work. before making the decision make sure you know more of what the differences mean for your day-to-day practice


Would you mind elaborating on the differences?




Return to “Legal Employment”

Who is online

The online users are hidden on this forum.