Never forget HLS was literally the third choice for law school after SLS (where she went in the book) and Chicago. SC>YH, robber baron school supremacy confirmed.Anonymous User wrote: ↑Mon Apr 17, 2023 1:07 pmLooking at lay prestige you wouldn't know that YLS is better than HLS. Elle Woods goes to Harvard.
New US News Rankings 2023-2024 Forum
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Re: New US News Rankings 2023-2024
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Re: New US News Rankings 2023-2024
I think everyone has to agree that Harvard is still the undisputed king of lay prestige.Anonymous User wrote: ↑Mon Apr 17, 2023 1:49 pmNever forget HLS was literally the third choice for law school after SLS (where she went in the book) and Chicago. SC>YH, robber baron school supremacy confirmed.Anonymous User wrote: ↑Mon Apr 17, 2023 1:07 pmLooking at lay prestige you wouldn't know that YLS is better than HLS. Elle Woods goes to Harvard.
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Re: New US News Rankings 2023-2024
As they should be. No one places more people in more prominent positions across the board from SCOTUS to biglaw to politics to Fed leadership to academia and HLS has the undergrad prestige as a lay awareness foundation.Anonymous User wrote: ↑Mon Apr 17, 2023 1:53 pmI think everyone has to agree that Harvard is still the undisputed king of lay prestige.Anonymous User wrote: ↑Mon Apr 17, 2023 1:49 pmNever forget HLS was literally the third choice for law school after SLS (where she went in the book) and Chicago. SC>YH, robber baron school supremacy confirmed.Anonymous User wrote: ↑Mon Apr 17, 2023 1:07 pmLooking at lay prestige you wouldn't know that YLS is better than HLS. Elle Woods goes to Harvard.
Harvard is in the heavyweight division and, though pound for pound YLS and SLS may on occasion have a better record, people pay more attention to the heavyweights rather than the fly weights.
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Re: New US News Rankings 2023-2024
Most famous fighter in the world rn is literally a lightweight lmfao. This is what happens to your brain on HLS.Anonymous User wrote: ↑Mon Apr 17, 2023 4:10 pmAs they should be. No one places more people in more prominent positions across the board from SCOTUS to biglaw to politics to Fed leadership to academia and HLS has the undergrad prestige as a lay awareness foundation.Anonymous User wrote: ↑Mon Apr 17, 2023 1:53 pmI think everyone has to agree that Harvard is still the undisputed king of lay prestige.Anonymous User wrote: ↑Mon Apr 17, 2023 1:49 pmNever forget HLS was literally the third choice for law school after SLS (where she went in the book) and Chicago. SC>YH, robber baron school supremacy confirmed.Anonymous User wrote: ↑Mon Apr 17, 2023 1:07 pmLooking at lay prestige you wouldn't know that YLS is better than HLS. Elle Woods goes to Harvard.
Harvard is in the heavyweight division and, though pound for pound YLS and SLS may on occasion have a better record, people pay more attention to the heavyweights rather than the fly weights.
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Re: New US News Rankings 2023-2024
Mayweather won across multiple weight classes and never lost - that’s why he is famous. Can lay people name another non-heavyweight? Not really, but plenty can name the famous heavyweights of present and past.Anonymous User wrote: ↑Mon Apr 17, 2023 4:13 pmMost famous fighter in the world rn is literally a lightweight lmfao. This is what happens to your brain on HLS.Anonymous User wrote: ↑Mon Apr 17, 2023 4:10 pmAs they should be. No one places more people in more prominent positions across the board from SCOTUS to biglaw to politics to Fed leadership to academia and HLS has the undergrad prestige as a lay awareness foundation.Anonymous User wrote: ↑Mon Apr 17, 2023 1:53 pmI think everyone has to agree that Harvard is still the undisputed king of lay prestige.Anonymous User wrote: ↑Mon Apr 17, 2023 1:49 pmNever forget HLS was literally the third choice for law school after SLS (where she went in the book) and Chicago. SC>YH, robber baron school supremacy confirmed.Anonymous User wrote: ↑Mon Apr 17, 2023 1:07 pmLooking at lay prestige you wouldn't know that YLS is better than HLS. Elle Woods goes to Harvard.
Harvard is in the heavyweight division and, though pound for pound YLS and SLS may on occasion have a better record, people pay more attention to the heavyweights rather than the fly weights.
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Re: New US News Rankings 2023-2024
Egregious Pacquiao trolling.Anonymous User wrote: ↑Mon Apr 17, 2023 4:23 pmMayweather won across multiple weight classes and never lost - that’s why he is famous. Can lay people name another non-heavyweight? Not really, but plenty can name the famous heavyweights of present and past.Anonymous User wrote: ↑Mon Apr 17, 2023 4:13 pmMost famous fighter in the world rn is literally a lightweight lmfao. This is what happens to your brain on HLS.Anonymous User wrote: ↑Mon Apr 17, 2023 4:10 pmAs they should be. No one places more people in more prominent positions across the board from SCOTUS to biglaw to politics to Fed leadership to academia and HLS has the undergrad prestige as a lay awareness foundation.Anonymous User wrote: ↑Mon Apr 17, 2023 1:53 pmI think everyone has to agree that Harvard is still the undisputed king of lay prestige.Anonymous User wrote: ↑Mon Apr 17, 2023 1:49 pmNever forget HLS was literally the third choice for law school after SLS (where she went in the book) and Chicago. SC>YH, robber baron school supremacy confirmed.Anonymous User wrote: ↑Mon Apr 17, 2023 1:07 pmLooking at lay prestige you wouldn't know that YLS is better than HLS. Elle Woods goes to Harvard.
Harvard is in the heavyweight division and, though pound for pound YLS and SLS may on occasion have a better record, people pay more attention to the heavyweights rather than the fly weights.
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Re: New US News Rankings 2023-2024
I am jazzed that this has unironically become a Tyson vs Mayweather thread.
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Re: New US News Rankings 2023-2024
I will help everyone.NoLongerALurker wrote: ↑Mon Apr 17, 2023 4:53 pmI am jazzed that this has unironically become a Tyson vs Mayweather thread.
Vegas 1989. Tyson v Bruno. Tyson-900 which means you bet 900 on Tyson to win 100 and get the original 900 back.
Staying at El Cortez Vegas for $25 a night and that was back when there were no resort fees.
Bet my entire net worth on Tyson, $9000.
Coming down stairs at El Cortez, saw TV showing the end of fight, I believe 4th round, Tyson won.
Could not believe my good fortune. Went to Slots-a-Fun near Circus Circus to buy numerous 75 cent Heinekens.
What a day!
I think Nixy was staying down the hall from me!
Cav was at Caesars High Roller Suite.
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Re: New US News Rankings 2023-2024
Also a major development in the Stanford Law shout-down of Judge Duncan. See Verdict with Ted Cruz Apr 17. Highly significant. On Stitcher.
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Re: New US News Rankings 2023-2024
None of this is true. People in New York City with tangential connections to the financial or legal industries are familiar with Cravath in a way they are not with other firms ("Oh Cravath, yeah, that's a really top firm" v. "Uh, I think I've heard of Davis Polk"). To be clear, I don't think the "on-paper" gap between these firms is very big. I think the difference between Yale and Columbia is bigger than the difference between Cravath/Wachtell and Skadden, for example. But when I was in law school, everyone reacted to Cravath differently than they did to firms like SullCrom or Skadden (including people going to those very firms). Whether you like it or not, prestige is huge in the legal world, and Cravath's reputation matters. But tell you what, we can reconvene in 10 years and see if your predictions of Cravath's ever-imminent decline come true.NoLongerALurker wrote: ↑Mon Apr 17, 2023 12:49 pmI think it's fair to say that the more "specialized" you get, the less lay prestige is likely to matter in whatever your day-to-day life is. And the more time you spend at a law firm, the more "specialized" your day-to-day life becomes.
Cravath has more lay prestige than, say, DPW.
HLS has more lay prestige than Chicago.
Within the more specialized group of people you are likely to deal with, I think many would be like "HLS isn't particularly better than Chicago -- really, they're like, at par." But in the world at large people are wowed by HLS.
Meanwhile, specialized people are likely to be like "Cravath isn't better than DPW -- it's over the hump and if anything it's probably worse." And in the world at large, people are like "What's Cravath? What's DPW?".
The category of people who think HLS > Chicago is massive and will probably always be around (although they become less relevant to your day-to-day life as you advance as a lawyer, especially in a profesional sense).
The category of people who think Cravath > other V10s (namely, people who are somewhat involved in legal industry but also aren't the actual in-the-weeds people you are likely to actually care about..boomer judges or whatever): like, almost no one. And shrinking by the day.
Last edited by Anonymous User on Mon Apr 17, 2023 6:34 pm, edited 1 time in total.
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Re: New US News Rankings 2023-2024
It's only a better record if you completely ignore self selection (which is real at HLS)Anonymous User wrote: ↑Mon Apr 17, 2023 4:10 pmAs they should be. No one places more people in more prominent positions across the board from SCOTUS to biglaw to politics to Fed leadership to academia and HLS has the undergrad prestige as a lay awareness foundation.Anonymous User wrote: ↑Mon Apr 17, 2023 1:53 pmI think everyone has to agree that Harvard is still the undisputed king of lay prestige.Anonymous User wrote: ↑Mon Apr 17, 2023 1:49 pmNever forget HLS was literally the third choice for law school after SLS (where she went in the book) and Chicago. SC>YH, robber baron school supremacy confirmed.Anonymous User wrote: ↑Mon Apr 17, 2023 1:07 pmLooking at lay prestige you wouldn't know that YLS is better than HLS. Elle Woods goes to Harvard.
Harvard is in the heavyweight division and, though pound for pound YLS and SLS may on occasion have a better record, people pay more attention to the heavyweights rather than the fly weights.
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Re: New US News Rankings 2023-2024
I have been watching TLS die a slow and painful death for like 5 years now and for those just tuning in, threads like this one used to be all over the forum. Now this is the first in several years I've seen actually blow up like this and it's sad to see how far these boards have fallen. That said, this thread is some VINTAGE TLS and I'd like to extend by sincere gratitude to everyone involved.
On a note of professional advice to law students and 0Ls reading, I'm now in-house at an F100 after a 3-year Biglaw stint and you will realize after you spend even a year in practice how irrelevant and (beautifully) petty many of the points being discussed in this thread are. This board is an amazing resource (well, it was) but be very aware of the neurotic tendencies of TLS. There's some fantastic info on here (especially on actually landing that Biglaw job) but you absolutely must weigh it against your life situation - you'll notice that the TLS-reality is generally not in-sync with the actual professional world.
Thanks again you are all fantastic, this thread is great.
On a note of professional advice to law students and 0Ls reading, I'm now in-house at an F100 after a 3-year Biglaw stint and you will realize after you spend even a year in practice how irrelevant and (beautifully) petty many of the points being discussed in this thread are. This board is an amazing resource (well, it was) but be very aware of the neurotic tendencies of TLS. There's some fantastic info on here (especially on actually landing that Biglaw job) but you absolutely must weigh it against your life situation - you'll notice that the TLS-reality is generally not in-sync with the actual professional world.
Thanks again you are all fantastic, this thread is great.
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Re: New US News Rankings 2023-2024
Connor MacGregor would like a word.Anonymous User wrote: ↑Mon Apr 17, 2023 4:23 pmMayweather won across multiple weight classes and never lost - that’s why he is famous. Can lay people name another non-heavyweight? Not really, but plenty can name the famous heavyweights of present and past.Anonymous User wrote: ↑Mon Apr 17, 2023 4:13 pmMost famous fighter in the world rn is literally a lightweight lmfao. This is what happens to your brain on HLS.Anonymous User wrote: ↑Mon Apr 17, 2023 4:10 pmAs they should be. No one places more people in more prominent positions across the board from SCOTUS to biglaw to politics to Fed leadership to academia and HLS has the undergrad prestige as a lay awareness foundation.Anonymous User wrote: ↑Mon Apr 17, 2023 1:53 pmI think everyone has to agree that Harvard is still the undisputed king of lay prestige.Anonymous User wrote: ↑Mon Apr 17, 2023 1:49 pmNever forget HLS was literally the third choice for law school after SLS (where she went in the book) and Chicago. SC>YH, robber baron school supremacy confirmed.Anonymous User wrote: ↑Mon Apr 17, 2023 1:07 pmLooking at lay prestige you wouldn't know that YLS is better than HLS. Elle Woods goes to Harvard.
Harvard is in the heavyweight division and, though pound for pound YLS and SLS may on occasion have a better record, people pay more attention to the heavyweights rather than the fly weights.
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Re: New US News Rankings 2023-2024
"Let's get ready to rumble" is a registered trademark. A bit of boxing trivia.
Don King, Tyson's promoter, said "In the history of Jewishprudence...."
If that's not priceless what is.
Also when King would walk into the ring with Foreman and leave the ring with Frazier.
Don King, Tyson's promoter, said "In the history of Jewishprudence...."
If that's not priceless what is.
Also when King would walk into the ring with Foreman and leave the ring with Frazier.
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Re: New US News Rankings 2023-2024
And this from Don King:
"This fight is so big it will be like Hanni-ball crossing the Alps in the Dad o Winter"
This is the content we all tune in for
"This fight is so big it will be like Hanni-ball crossing the Alps in the Dad o Winter"
This is the content we all tune in for
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Re: New US News Rankings 2023-2024
And since there's a lot of boxing content on this thread, who could forget the post-fight Tyson/Holyfield press conference, Stuttering John of the Howard Stern Show asking Tyson "What does ear taste like?"
Priceless
Priceless
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Re: New US News Rankings 2023-2024
Was just doing a boxing analogy. Agree that MMA is probably more interesting in the lighter weight classes. Point being that Harvard fairly gets extra credit in prestige for pumping out extra numbers of everything.Anonymous User wrote: ↑Mon Apr 17, 2023 8:15 pmConnor MacGregor would like a word.Anonymous User wrote: ↑Mon Apr 17, 2023 4:23 pmMayweather won across multiple weight classes and never lost - that’s why he is famous. Can lay people name another non-heavyweight? Not really, but plenty can name the famous heavyweights of present and past.Anonymous User wrote: ↑Mon Apr 17, 2023 4:13 pmMost famous fighter in the world rn is literally a lightweight lmfao. This is what happens to your brain on HLS.Anonymous User wrote: ↑Mon Apr 17, 2023 4:10 pmAs they should be. No one places more people in more prominent positions across the board from SCOTUS to biglaw to politics to Fed leadership to academia and HLS has the undergrad prestige as a lay awareness foundation.Anonymous User wrote: ↑Mon Apr 17, 2023 1:53 pmI think everyone has to agree that Harvard is still the undisputed king of lay prestige.Anonymous User wrote: ↑Mon Apr 17, 2023 1:49 pmNever forget HLS was literally the third choice for law school after SLS (where she went in the book) and Chicago. SC>YH, robber baron school supremacy confirmed.Anonymous User wrote: ↑Mon Apr 17, 2023 1:07 pmLooking at lay prestige you wouldn't know that YLS is better than HLS. Elle Woods goes to Harvard.
Harvard is in the heavyweight division and, though pound for pound YLS and SLS may on occasion have a better record, people pay more attention to the heavyweights rather than the fly weights.
Harvard is like two Yales and a Cornell. The haters focus on the Cornell part of the class and forget about the two Yales.
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Re: New US News Rankings 2023-2024
Nah, it's more like an NYU and a Stanford merged--the bottom 2/3 of the HLS class is very able to get NYC biglaw, while the top third is able to get the weird cool outcomes SLS/YLS produce across their class.Anonymous User wrote: ↑Mon Apr 17, 2023 10:44 pmWas just doing a boxing analogy. Agree that MMA is probably more interesting in the lighter weight classes. Point being that Harvard fairly gets extra credit in prestige for pumping out extra numbers of everything.Anonymous User wrote: ↑Mon Apr 17, 2023 8:15 pmConnor MacGregor would like a word.Anonymous User wrote: ↑Mon Apr 17, 2023 4:23 pmMayweather won across multiple weight classes and never lost - that’s why he is famous. Can lay people name another non-heavyweight? Not really, but plenty can name the famous heavyweights of present and past.Anonymous User wrote: ↑Mon Apr 17, 2023 4:13 pmMost famous fighter in the world rn is literally a lightweight lmfao. This is what happens to your brain on HLS.Anonymous User wrote: ↑Mon Apr 17, 2023 4:10 pmAs they should be. No one places more people in more prominent positions across the board from SCOTUS to biglaw to politics to Fed leadership to academia and HLS has the undergrad prestige as a lay awareness foundation.Anonymous User wrote: ↑Mon Apr 17, 2023 1:53 pmI think everyone has to agree that Harvard is still the undisputed king of lay prestige.Anonymous User wrote: ↑Mon Apr 17, 2023 1:49 pm
Never forget HLS was literally the third choice for law school after SLS (where she went in the book) and Chicago. SC>YH, robber baron school supremacy confirmed.
Harvard is in the heavyweight division and, though pound for pound YLS and SLS may on occasion have a better record, people pay more attention to the heavyweights rather than the fly weights.
Harvard is like two Yales and a Cornell. The haters focus on the Cornell part of the class and forget about the two Yales.
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Re: New US News Rankings 2023-2024
If we're talking Don King on a law board, we also have to note that Don King getting his house bombed during his time as a gangster played a critical role in the factual background of Mapp v. Ohio, the Supreme Court case that applied the exclusionary rule to the states.jamestaylorrecordsas wrote: ↑Mon Apr 17, 2023 8:26 pmAnd this from Don King:
"This fight is so big it will be like Hanni-ball crossing the Alps in the Dad o Winter"
This is the content we all tune in for
Someone tried to kill Don King by bombing his home. Police were investigating the attempt at King's life when they searched Dollree Mapp's house looking for evidence. Mapp had nothing to do with it, but she pitched a fit about them not having a warrant. They pretended to have one and searched her home anyway, finding some obscene materials. They basically threw the book at her over this and she was sent to jail for a very long sentence considering the crime. Despite not having a warrant, any evidence collected could be used against her because that's how things worked back then. The case was appealed to the Supreme Court, they thought it was bullshit, and the rest is history.
Oh yeah BTW, fuck Don King.
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Re: New US News Rankings 2023-2024
SGT, I'm glad you added that about Don King since it may have saved me from a banning, may have. Embarrassed by my conduct even though I wasn't the guy who started the boxing references.SGTslaughter wrote: ↑Tue Apr 18, 2023 3:29 amIf we're talking Don King on a law board, we also have to note that Don King getting his house bombed during his time as a gangster played a critical role in the factual background of Mapp v. Ohio, the Supreme Court case that applied the exclusionary rule to the states.jamestaylorrecordsas wrote: ↑Mon Apr 17, 2023 8:26 pmAnd this from Don King:
"This fight is so big it will be like Hanni-ball crossing the Alps in the Dad o Winter"
This is the content we all tune in for
Someone tried to kill Don King by bombing his home. Police were investigating the attempt at King's life when they searched Dollree Mapp's house looking for evidence. Mapp had nothing to do with it, but she pitched a fit about them not having a warrant. They pretended to have one and searched her home anyway, finding some obscene materials. They basically threw the book at her over this and she was sent to jail for a very long sentence considering the crime. Despite not having a warrant, any evidence collected could be used against her because that's how things worked back then. The case was appealed to the Supreme Court, they thought it was bullshit, and the rest is history.
Oh yeah BTW, fuck Don King.
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Re: New US News Rankings 2023-2024
The difference is this. I, who was a median at HLS, interviewed with Cravath during OCI several years ago, but didn't even include Wachtell in my bidlist because I knew I had literally 0% shot. Given its small size, Wachtell is much more selective than Cravath. It's similar to how YLS is more selective than HLS. Wachtell has always been the most profitable law firm in the world as well. Their profits per partner figures have always been the highest. With such profitability, they can afford to pay its associates bonuses that are 50~100% of their base salary. They work on the biggest deals. As an M&A lawyer, if there's one firm I wish I had worked at even if that means re-doing 1L, that's Wachtell. I never and ever thought of Cravath or any other firm that way.Anonymous User wrote: ↑Mon Apr 17, 2023 6:29 pmNone of this is true. People in New York City with tangential connections to the financial or legal industries are familiar with Cravath in a way they are not with other firms ("Oh Cravath, yeah, that's a really top firm" v. "Uh, I think I've heard of Davis Polk"). To be clear, I don't think the "on-paper" gap between these firms is very big. I think the difference between Yale and Columbia is bigger than the difference between Cravath/Wachtell and Skadden, for example. But when I was in law school, everyone reacted to Cravath differently than they did to firms like SullCrom or Skadden (including people going to those very firms). Whether you like it or not, prestige is huge in the legal world, and Cravath's reputation matters. But tell you what, we can reconvene in 10 years and see if your predictions of Cravath's ever-imminent decline come true.NoLongerALurker wrote: ↑Mon Apr 17, 2023 12:49 pmI think it's fair to say that the more "specialized" you get, the less lay prestige is likely to matter in whatever your day-to-day life is. And the more time you spend at a law firm, the more "specialized" your day-to-day life becomes.
Cravath has more lay prestige than, say, DPW.
HLS has more lay prestige than Chicago.
Within the more specialized group of people you are likely to deal with, I think many would be like "HLS isn't particularly better than Chicago -- really, they're like, at par." But in the world at large people are wowed by HLS.
Meanwhile, specialized people are likely to be like "Cravath isn't better than DPW -- it's over the hump and if anything it's probably worse." And in the world at large, people are like "What's Cravath? What's DPW?".
The category of people who think HLS > Chicago is massive and will probably always be around (although they become less relevant to your day-to-day life as you advance as a lawyer, especially in a profesional sense).
The category of people who think Cravath > other V10s (namely, people who are somewhat involved in legal industry but also aren't the actual in-the-weeds people you are likely to actually care about..boomer judges or whatever): like, almost no one. And shrinking by the day.
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Re: New US News Rankings 2023-2024
You cucked yourself on Wachtell by not even applying bro, believe in yourselfAnonymous User wrote: ↑Tue Apr 18, 2023 9:47 amThe difference is this. I, who was a median at HLS, interviewed with Cravath during OCI several years ago, but didn't even include Wachtell in my bidlist because I knew I had literally 0% shot. Given its small size, Wachtell is much more selective than Cravath. It's similar to how YLS is more selective than HLS. Wachtell has always been the most profitable law firm in the world as well. Their profits per partner figures have always been the highest. With such profitability, they can afford to pay its associates bonuses that are 50~100% of their base salary. They work on the biggest deals. As an M&A lawyer, if there's one firm I wish I had worked at even if that means re-doing 1L, that's Wachtell. I never and ever thought of Cravath or any other firm that way.Anonymous User wrote: ↑Mon Apr 17, 2023 6:29 pmNone of this is true. People in New York City with tangential connections to the financial or legal industries are familiar with Cravath in a way they are not with other firms ("Oh Cravath, yeah, that's a really top firm" v. "Uh, I think I've heard of Davis Polk"). To be clear, I don't think the "on-paper" gap between these firms is very big. I think the difference between Yale and Columbia is bigger than the difference between Cravath/Wachtell and Skadden, for example. But when I was in law school, everyone reacted to Cravath differently than they did to firms like SullCrom or Skadden (including people going to those very firms). Whether you like it or not, prestige is huge in the legal world, and Cravath's reputation matters. But tell you what, we can reconvene in 10 years and see if your predictions of Cravath's ever-imminent decline come true.NoLongerALurker wrote: ↑Mon Apr 17, 2023 12:49 pmI think it's fair to say that the more "specialized" you get, the less lay prestige is likely to matter in whatever your day-to-day life is. And the more time you spend at a law firm, the more "specialized" your day-to-day life becomes.
Cravath has more lay prestige than, say, DPW.
HLS has more lay prestige than Chicago.
Within the more specialized group of people you are likely to deal with, I think many would be like "HLS isn't particularly better than Chicago -- really, they're like, at par." But in the world at large people are wowed by HLS.
Meanwhile, specialized people are likely to be like "Cravath isn't better than DPW -- it's over the hump and if anything it's probably worse." And in the world at large, people are like "What's Cravath? What's DPW?".
The category of people who think HLS > Chicago is massive and will probably always be around (although they become less relevant to your day-to-day life as you advance as a lawyer, especially in a profesional sense).
The category of people who think Cravath > other V10s (namely, people who are somewhat involved in legal industry but also aren't the actual in-the-weeds people you are likely to actually care about..boomer judges or whatever): like, almost no one. And shrinking by the day.
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Re: New US News Rankings 2023-2024
Historical perspectiveAnonymous User wrote: ↑Tue Apr 18, 2023 9:47 amThe difference is this. I, who was a median at HLS, interviewed with Cravath during OCI several years ago, but didn't even include Wachtell in my bidlist because I knew I had literally 0% shot. Given its small size, Wachtell is much more selective than Cravath. It's similar to how YLS is more selective than HLS. Wachtell has always been the most profitable law firm in the world as well. Their profits per partner figures have always been the highest. With such profitability, they can afford to pay its associates bonuses that are 50~100% of their base salary. They work on the biggest deals. As an M&A lawyer, if there's one firm I wish I had worked at even if that means re-doing 1L, that's Wachtell. I never and ever thought of Cravath or any other firm that way.Anonymous User wrote: ↑Mon Apr 17, 2023 6:29 pmNone of this is true. People in New York City with tangential connections to the financial or legal industries are familiar with Cravath in a way they are not with other firms ("Oh Cravath, yeah, that's a really top firm" v. "Uh, I think I've heard of Davis Polk"). To be clear, I don't think the "on-paper" gap between these firms is very big. I think the difference between Yale and Columbia is bigger than the difference between Cravath/Wachtell and Skadden, for example. But when I was in law school, everyone reacted to Cravath differently than they did to firms like SullCrom or Skadden (including people going to those very firms). Whether you like it or not, prestige is huge in the legal world, and Cravath's reputation matters. But tell you what, we can reconvene in 10 years and see if your predictions of Cravath's ever-imminent decline come true.NoLongerALurker wrote: ↑Mon Apr 17, 2023 12:49 pmI think it's fair to say that the more "specialized" you get, the less lay prestige is likely to matter in whatever your day-to-day life is. And the more time you spend at a law firm, the more "specialized" your day-to-day life becomes.
Cravath has more lay prestige than, say, DPW.
HLS has more lay prestige than Chicago.
Within the more specialized group of people you are likely to deal with, I think many would be like "HLS isn't particularly better than Chicago -- really, they're like, at par." But in the world at large people are wowed by HLS.
Meanwhile, specialized people are likely to be like "Cravath isn't better than DPW -- it's over the hump and if anything it's probably worse." And in the world at large, people are like "What's Cravath? What's DPW?".
The category of people who think HLS > Chicago is massive and will probably always be around (although they become less relevant to your day-to-day life as you advance as a lawyer, especially in a profesional sense).
The category of people who think Cravath > other V10s (namely, people who are somewhat involved in legal industry but also aren't the actual in-the-weeds people you are likely to actually care about..boomer judges or whatever): like, almost no one. And shrinking by the day.
Lawyer Joe Flom was born in the Great Depression to Jewish parents who worked in the garment industry. And those three traits were advantages that helped bring success to the lawyer, a name partner at Skadden, Arps, Slate, Meagher & Flom
In Flom’s case, he was born in a “demographic trough” when there were few rivals for coveted school spots
His Jewish immigrant parents had skills that allowed them to set up businesses and benefit from hard work. And Flom’s rejection from establishment law firms forced him into new legal practice areas such as corporate takeovers.
The four lawyers who formed Wachtell, Lipton, Rosen, & Katz had the same backgrounds as Flom. The lawyers appreciated how adversity helped them.
“I remember one of the name partners at Wachtell saying to me that the fact that he couldn’t get a job at a fancy law firm coming out of NYU was the best thing that ever happened to him, even though it didn’t seem so at the time,”
“And Joe Flom said the same thing, what seemed to be a denial of a great opportunity was actually their break and made their success possible.”
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Re: New US News Rankings 2023-2024
Datapoint: also median at HLS. Bid Wachtell, got screener, and interviewer was clearly annoyed at even having to waste time with me. Was awkward. Got Cravath offer. Turned it down.Anonymous User wrote: ↑Tue Apr 18, 2023 10:12 amYou cucked yourself on Wachtell by not even applying bro, believe in yourselfAnonymous User wrote: ↑Tue Apr 18, 2023 9:47 amThe difference is this. I, who was a median at HLS, interviewed with Cravath during OCI several years ago, but didn't even include Wachtell in my bidlist because I knew I had literally 0% shot. Given its small size, Wachtell is much more selective than Cravath. It's similar to how YLS is more selective than HLS. Wachtell has always been the most profitable law firm in the world as well. Their profits per partner figures have always been the highest. With such profitability, they can afford to pay its associates bonuses that are 50~100% of their base salary. They work on the biggest deals. As an M&A lawyer, if there's one firm I wish I had worked at even if that means re-doing 1L, that's Wachtell. I never and ever thought of Cravath or any other firm that way.Anonymous User wrote: ↑Mon Apr 17, 2023 6:29 pmNone of this is true. People in New York City with tangential connections to the financial or legal industries are familiar with Cravath in a way they are not with other firms ("Oh Cravath, yeah, that's a really top firm" v. "Uh, I think I've heard of Davis Polk"). To be clear, I don't think the "on-paper" gap between these firms is very big. I think the difference between Yale and Columbia is bigger than the difference between Cravath/Wachtell and Skadden, for example. But when I was in law school, everyone reacted to Cravath differently than they did to firms like SullCrom or Skadden (including people going to those very firms). Whether you like it or not, prestige is huge in the legal world, and Cravath's reputation matters. But tell you what, we can reconvene in 10 years and see if your predictions of Cravath's ever-imminent decline come true.NoLongerALurker wrote: ↑Mon Apr 17, 2023 12:49 pmI think it's fair to say that the more "specialized" you get, the less lay prestige is likely to matter in whatever your day-to-day life is. And the more time you spend at a law firm, the more "specialized" your day-to-day life becomes.
Cravath has more lay prestige than, say, DPW.
HLS has more lay prestige than Chicago.
Within the more specialized group of people you are likely to deal with, I think many would be like "HLS isn't particularly better than Chicago -- really, they're like, at par." But in the world at large people are wowed by HLS.
Meanwhile, specialized people are likely to be like "Cravath isn't better than DPW -- it's over the hump and if anything it's probably worse." And in the world at large, people are like "What's Cravath? What's DPW?".
The category of people who think HLS > Chicago is massive and will probably always be around (although they become less relevant to your day-to-day life as you advance as a lawyer, especially in a profesional sense).
The category of people who think Cravath > other V10s (namely, people who are somewhat involved in legal industry but also aren't the actual in-the-weeds people you are likely to actually care about..boomer judges or whatever): like, almost no one. And shrinking by the day.
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Re: New US News Rankings 2023-2024
Lol yeah just keep riding off that undergrad prestigeAnonymous User wrote: ↑Mon Apr 17, 2023 1:53 pmI think everyone has to agree that Harvard is still the undisputed king of lay prestige.Anonymous User wrote: ↑Mon Apr 17, 2023 1:49 pmNever forget HLS was literally the third choice for law school after SLS (where she went in the book) and Chicago. SC>YH, robber baron school supremacy confirmed.Anonymous User wrote: ↑Mon Apr 17, 2023 1:07 pmLooking at lay prestige you wouldn't know that YLS is better than HLS. Elle Woods goes to Harvard.
Seriously? What are you waiting for?
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