Anonymous User wrote:
SchopenhauerFTW wrote:Good post. Didn't realize Cooley was hit so hard though.
It wasn't. They had one bad year but are now killing it. The firm has little if any debt, solid profits, are pretty much the go to for life sciences and privacy...
OP here - I meant the "last" downturn, ie the 1999-2001 downturn, sorry if that was not clear. the firm basically imploded from 500 attorneys to 250, lost a ton of long term partners. they survived obviously and are doing well now.
Anonymous User wrote:Kind of a shite post, IMO.
For example, Goodwin just took on a bunch of Gunderson partners and are establishing themselves as a legit BA presence. Latham and MoFo are awful sweatshops, OMM suffered way worse than Cooley in the downturn...
as I said in the OP, I just have not heard much about goodwin. did not say they were bad, just said they were not well known....which they are not, for the time being anyways. also I agree that OMM really hurt quite a bit 2008-2009.
re latham and mofo being sweatshops, I think there is something to that. they are both giant firms with large bay area presences, and I think that they have much more NYC style biglaw practices then the SV firms and the satellite offices...by which I mean, they do the highest level work for the biggest clients, can turn to large armies of associates, have higher leverage then many other bay area firms, have more formal hierarchies in place, etc. that being said, having worked in both NYC and the bay area, the bay area in general is MUCH more chill then NYC when it comes to biglaw hours and expectations. even at mofo or latham or wilson (in the bay area), it is not the norm for associates to be working until 9-10 everynight like it is in many busy NYC biglaw practices. people in the bay area don't have the same work mentality as people in new york do. I would not call mofo or latham bad places to work by any stretch, but its going to be a higher pressure work environment then some satellite office with only 10 associates.
Anonymous User wrote:Does Mofo really do any work that's not IP focused? I'm not into IP, but I've heard such great things about the firm in general (not just here, but practicing attorneys in SF).
yes, mofo does do plenty of non-IP work. obviously, the firm is known as one of the top IP litigation shops in the country, also strong in patent prosecution and tech transactions. but the firm has a very strong bankruptcy practice (directed mainly out of new york as far as I know), general commercial lit practice, and M&A practice. the chair of the firm moved to new york at some point in the early 2000s to concentrate on getting more NYC style M&A and finance work, and I think that's paid off quite well.
Anonymous User wrote:One of the worst places in SF to work, IMO.
Agreed. Know someone who left MoFo after 9 months for Cooley because MoFo was so bad.
people leave firms for all kinds of reasons all the time. I have friends at mofo who are very happy there. as noted above though, mofo is the only 300+ lawyer office in SF, so its going to be less personal and intimate then a satellite office with 20 or 30 people.
[quote="Anonymous User"]Vault: Orrick (SF&SV), WSGR (SF&SV), Morgan Lewis (SF&SV), Perkins (SF), A&P (SF), Winston (SF), Fish & Richardson (SV).
CA-only: Farella, Hanson Bridgett, Keker, Coblentz./quote]
man, this is wrong. orrick is a fine firm, but I'd be wary of any firm with declining revenues. orrick also has a network of far flung offices all over the world....in this economy, those can't be profitable....milan, moscow, dusseldorf? yikes. as another poster said, WSGR is a sweatshop as well - for some of the reasons mofo and latham might be, but also because they are incredibly siloed. if I recall correctly, everyone is assigned to a particular module and partner. they have great exciting work and are the king of SV, but I've heard all kinds of negative stories about associates working there. plus, they do a lot of emerging company work, which means their clients can't afford tip top biglaw rates....hence wilson paying below market for all of 2010 and most of 2011. know very little about those other firms.