Fiscally Conservative DC Biglaw Firms

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Anonymous User
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Fiscally Conservative DC Biglaw Firms

Postby Anonymous User » Sun Sep 09, 2012 12:14 pm

I'm looking for firms that have played it close to the vest nd generally aren't extending themselves too fast financially.

On the list I already have GDC (apparently two decades of profit, although that might not close the question) and Covington (apparently no layoffs during the worst of ITE)

Thoughts? Others?

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Old Gregg
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Re: Fiscally Conservative DC Biglaw Firms

Postby Old Gregg » Sun Sep 09, 2012 12:18 pm

apparently two decades of profit


You do realize that every big law firm in existence today has had two decades of profits, right???

Anonymous User
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Re: Fiscally Conservative DC Biglaw Firms

Postby Anonymous User » Sun Sep 09, 2012 12:20 pm

I didn't realize that, but I did suspect that it might not be as big a deal as the person who told me made it out to be.

Any thoughts on better ways to determine financial conservativeness?

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Old Gregg
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Re: Fiscally Conservative DC Biglaw Firms

Postby Old Gregg » Sun Sep 09, 2012 12:21 pm

Anonymous User wrote:I didn't realize that, but I did suspect that it might not be as big a deal as the person who told me made it out to be.

Any thoughts on better ways to determine financial conservativeness?


You might just be misquoting him or her, because that statement is just weird.

RPL should be your guide. That's the best guide, though not conclusive. But as a law student, that's all you have.

(use it in combo with other factors)

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Old Gregg
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Re: Fiscally Conservative DC Biglaw Firms

Postby Old Gregg » Sun Sep 09, 2012 12:26 pm

http://www.adamsmithesq.com/2006/04/the ... 00_ranked/

Don't know where to find rankings for 2012 RPL. I'm sure you can search for them somehow.

Anonymous User
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Re: Fiscally Conservative DC Biglaw Firms

Postby Anonymous User » Sun Sep 09, 2012 12:33 pm

Thanks. I found the RPL on the americanlawyer site.

Anonymous User
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Re: Fiscally Conservative DC Biglaw Firms

Postby Anonymous User » Sun Sep 09, 2012 12:48 pm

Jones Day. No debt. Fully funded pension program. They've opened three offices since the downturn and weathered the ITE as well or better than anyone.

MrAnon
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Re: Fiscally Conservative DC Biglaw Firms

Postby MrAnon » Sun Sep 09, 2012 12:50 pm

Dewey had impressive public numbers....until last year.

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Old Gregg
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Re: Fiscally Conservative DC Biglaw Firms

Postby Old Gregg » Sun Sep 09, 2012 12:53 pm

Anonymous User wrote:Jones Day. No debt. Fully funded pension program. They've opened three offices since the downturn and weathered the ITE as well or better than anyone.


Lol at "no debt."

Is it your contention that jones day weathered ITE just as well or better than wachtell?




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