What does "biglaw" mean to you?

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Anonymous User
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Re: What does "biglaw" mean to you?

Postby Anonymous User » Thu Nov 03, 2011 8:54 pm

LA isn't an American city. No football team? LOL GTFO.

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BruceWayne
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Re: What does "biglaw" mean to you?

Postby BruceWayne » Fri Nov 04, 2011 12:05 am

rayiner wrote:A big lawyer in NYC with student loans cannot afford to pay $1600/month for a car.


Fixed. Although in fairness even for those of us doing secondary markets it's not wise.

c3pO4
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Re: What does "biglaw" mean to you?

Postby c3pO4 » Fri Nov 04, 2011 1:14 am

BruceWayne wrote:
rayiner wrote:A big lawyer in NYC with student loans cannot afford to pay $1600/month for a car.


Fixed. Although in fairness even for those of us doing secondary markets it's not wise.


I'm pretty sure the Model S is half that. Also, fine, keep the law school car until the loans are paid off. Then instead of a gas guzzling porsche, get a tesla!

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RVP11
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Re: What does "biglaw" mean to you?

Postby RVP11 » Fri Nov 04, 2011 1:57 pm

I consider virtually every firm in the NLJ100 (firms over ~500 attorneys) to be "national BigLaw." There are some major exceptions in the NLJ100 that I would consider "regional BigLaw" - like Baker Donelson, Blank Rome, Faegre & Benson, Buchanan Ingersoll & Rooney, Shook Hardy & Bacon, Edwards Angell, etc. Regional BigLaw firms are big, but they generally (a) have few big market (NYC, DC, Chicago, SF/SV, LA) offices, and (b) are restricted to one coast, or just one geographical region. "National BigLaw" firms have a major presence in at least one of the top legal markets, and they tend to be bicoastal.

The rest of the NLJ250 is a mix mostly composed of regional BigLaw, with some national BigLaw (Cahill, Irell, Wachtell, Munger, PBWT), and MidLaw thrown in. Anything outside the NLJ250 I would consider to be boutique, MidLaw, SmallLaw, or the dreaded "ShitLaw."

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Holly Golightly
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Re: What does "biglaw" mean to you?

Postby Holly Golightly » Fri Nov 04, 2011 5:52 pm

This is a hilarious and ridiculous discussion. Carry on with the circle-jerk.

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RVP11
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Re: What does "biglaw" mean to you?

Postby RVP11 » Fri Nov 04, 2011 5:55 pm

Holly Golightly wrote:This is a hilarious and ridiculous discussion. Carry on with the circle-jerk.


Yes, arbitrary categorizations are so ridiculous. That's why lawyers and judges never categorize things using rules and standards.

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Veyron
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Re: What does "biglaw" mean to you?

Postby Veyron » Fri Nov 04, 2011 6:02 pm

RVP11 wrote:
Holly Golightly wrote:This is a hilarious and ridiculous discussion. Carry on with the circle-jerk.


Yes, arbitrary categorizations are so ridiculous. That's why lawyers and judges never categorize things using rules and standards.


Sorry about your tiny pink firm bro.

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Holly Golightly
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Re: What does "biglaw" mean to you?

Postby Holly Golightly » Fri Nov 04, 2011 6:17 pm

RVP11 wrote:
Holly Golightly wrote:This is a hilarious and ridiculous discussion. Carry on with the circle-jerk.


Yes, arbitrary categorizations are so ridiculous. That's why lawyers and judges never categorize things using rules and standards.

lolwut

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Grizz
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Re: What does "biglaw" mean to you?

Postby Grizz » Fri Nov 04, 2011 6:23 pm

Holly Golightly wrote:This is a hilarious and ridiculous discussion. Carry on with the circle-jerk.

ITE just having a jerb is preftigiouf

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Grizz
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Re: What does "biglaw" mean to you?

Postby Grizz » Fri Nov 04, 2011 6:28 pm

f7 wrote:Read the thread title; thought we were going to talk about our feelings or something. Am disappoint.

Biglaw means being able to repay my loans.
Biglaw means being able to feed my family.
Biglaw means a house in the suburbs.
Biglaw means UPPERMIDDLECLASS secure.

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top30man
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Re: What does "biglaw" mean to you?

Postby top30man » Fri Nov 04, 2011 6:49 pm

Grizz wrote:
f7 wrote:Read the thread title; thought we were going to talk about our feelings or something. Am disappoint.

Biglaw means being able to repay my loans.
Biglaw means being able to feed my family.
Biglaw means a house in the suburbs.
Biglaw means UPPERMIDDLECLASS secure.

Upper middle class? Don't any of you have any money?

NotCreative
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Re: What does "biglaw" mean to you?

Postby NotCreative » Sun Nov 06, 2011 9:51 pm

Grizz wrote:ITE just having a jerb is preftigiouf


This.

HeavenWood
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Re: What does "biglaw" mean to you?

Postby HeavenWood » Sun Nov 06, 2011 9:55 pm

NLJ250 + large midlaws in bigger secondary markets which pay market and have similar advancement opportunities.

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Veyron
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Re: What does "biglaw" mean to you?

Postby Veyron » Sun Nov 06, 2011 10:20 pm

HeavenWood wrote:NLJ250 + large midlaws in bigger secondary markets which pay market and have similar advancement opportunities.


How could large midlaw firms ever be biglaw? :wink:

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Re: What does "biglaw" mean to you?

Postby HeavenWood » Sun Nov 06, 2011 10:54 pm

Veyron wrote:
HeavenWood wrote:NLJ250 + large midlaws in bigger secondary markets which pay market and have similar advancement opportunities.


How could large midlaw firms ever be biglaw? :wink:

You cheeky bastard, you.

But seriously, in some cases, large midlaws/small biglaws are functionally the same. Slight preftige difference though.

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Veyron
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Re: What does "biglaw" mean to you?

Postby Veyron » Sun Nov 06, 2011 11:37 pm

HeavenWood wrote:
Veyron wrote:
HeavenWood wrote:NLJ250 + large midlaws in bigger secondary markets which pay market and have similar advancement opportunities.


How could large midlaw firms ever be biglaw? :wink:

You cheeky bastard, you.

But seriously, in some cases, large midlaws/small biglaws are functionally the same. Slight preftige difference though.


True, but in some markets the large midlaw firms are more prestigious than the biglaw firms.

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Grizz
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Re: What does "biglaw" mean to you?

Postby Grizz » Sun Nov 06, 2011 11:53 pm

Veyron wrote:
HeavenWood wrote:
Veyron wrote:
HeavenWood wrote:NLJ250 + large midlaws in bigger secondary markets which pay market and have similar advancement opportunities.


How could large midlaw firms ever be biglaw? :wink:

You cheeky bastard, you.

But seriously, in some cases, large midlaws/small biglaws are functionally the same. Slight preftige difference though.


True, but in some markets the large midlaw firms are more prestigious than the biglaw firms.

Credited.

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Bronte
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Re: What does "biglaw" mean to you?

Postby Bronte » Sun Nov 06, 2011 11:57 pm

Firms that pay NLJ 250 salaries and have primarily business clients.

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Julio_El_Chavo
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Re: What does "biglaw" mean to you?

Postby Julio_El_Chavo » Sun Nov 06, 2011 11:58 pm

Bronte wrote:Firms that pay NLJ 250 salaries and have primarily business clients.


NLJ 250 salaries = 65-160k

de5igual
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Re: What does "biglaw" mean to you?

Postby de5igual » Mon Nov 07, 2011 12:28 am

firms that pay "market" in their respective market—this could include midlaw, secondary biglaw and boutiques

typically means above 100K in larger cities (around 160 in the largest markets)
sometimes means 80-90K in small markets

regardless of where it is, you're going to be working long hours, but your income will be well above most other entry level positions (and even managerial ones) in other industries—relative in your market, of course

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Bronte
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Re: What does "biglaw" mean to you?

Postby Bronte » Mon Nov 07, 2011 12:53 am

Julio_El_Chavo wrote:
Bronte wrote:Firms that pay NLJ 250 salaries and have primarily business clients.


NLJ 250 salaries = 65-160k


Firms that pay in and around New York market rate when adjusted for cost of living and handle primarily business clients.

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IrwinM.Fletcher
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Re: What does "biglaw" mean to you?

Postby IrwinM.Fletcher » Mon Nov 07, 2011 2:13 am

Bronte wrote:
Julio_El_Chavo wrote:
Bronte wrote:Firms that pay NLJ 250 salaries and have primarily business clients.


NLJ 250 salaries = 65-160k


Firms that pay in and around New York market rate when adjusted for cost of living and handle primarily business clients.



Texas = MEGAFUCKINGBIGlaw




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