Which firms do not use the 'free market' approach?

(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.
User avatar

Posts: 265
Joined: Fri Jun 22, 2012 5:24 pm

Which firms do not use the 'free market' approach?

Postby Perseus_I » Sat Jul 28, 2012 3:35 am

The idea of this scares me. Besides Cravath, which firms (TX or NYC) do not use this approach to assigning work? What are the pros and cons of a free market system vs. a more regimented system? I think I would do overwhelmingly better in the latter, but maybe I do not fully understand the implications of each.


Posts: 40
Joined: Sun Jul 24, 2011 10:55 pm

Re: Which firms do not use the 'free market' approach?

Postby Lawyerhead » Sat Jul 28, 2012 11:02 am

Even when a firm doesn't expressly use the free market approach, it still uses the free market approach. By that I mean, you can't totally rely on a coordinator giving you work, especially the exact work you want. Plus some partners/senior associates staff directly.

Anonymous User
Posts: 310171
Joined: Tue Aug 11, 2009 9:32 am

Re: Which firms do not use the 'free market' approach?

Postby Anonymous User » Sat Jul 28, 2012 11:04 am

DPW SA here.

In certain groups, you'll totally rely on the coordinator for the first few years. M&A, Cap Markets, and Credit (the three big groups) are all this way. Smaller groups have much more of a free market feel, despite the existence of a coordinator. E.g., FIG.


Posts: 5924
Joined: Tue Apr 21, 2009 9:10 pm

Re: Which firms do not use the 'free market' approach?

Postby keg411 » Sat Jul 28, 2012 11:14 am

A lot of it depends on what group you're in. Also, some firms are way more free-market then others. It's probably easier to post the "pure free-market" firms than the non-100% free market firms.

Firms I know of that use 100% free market:

Return to “Legal Employment�

Who is online

The online users are hidden on this forum.