Anonymous User wrote: ↑Thu Jul 06, 2023 5:21 pm
Anonymous User wrote: ↑Thu Jul 06, 2023 1:56 pm
I've been at Quinn for years. I never bill much more than 2100. I would be curious to hear some real billable numbers from Cravath lit associates. Part of why I turned them down was I saw many of them billing 2700-3000 (and generally being wrecks on the verge of a breakdown, dropping like flies with a crazy number of departure emails coming what seemed like every week). I also ignored a lateral recruiting call from Wachtell because they bill around 3500-4000. And unlike at Quinn, Cravath & Watchtell folks have no choice; those firms have authoritarian models where associates are closely watched and told what to do when. Quinn is choose-your-own-adventure. It's almost like being a contractor. If you don't bill 2100 you won't get a year-end bonus, so generally people hit 2100. Billing more than that is one's own choice (likely to gun for partnership). I don't think one can consistently bill much less than 2100 at a peer firm. Speaking of peer firms: Cravath, Wachtell, Quinn, Munger, Keker, K&E, Kellogg, W&C, and Susman are all great lit firms. I may be leaving out a few, but those are generally the most esteemed lit firms as far as I know. Vault is utter garbage. Chambers is a bit better but still has some obvious errors (I'm no fan of Wachtell, but to say their NYC lit group is "Band 3," two tiers below Skadden, is ludicrous).
Quinn is a great place to work. It truly is different from any other big law firm for the reasons some have provided: litigation only, does plaintiff-side work, no dress code, no hierarchy, no committees, no non-billable obligations, full WFH. People here love litigating and the environment is relatively driven and competitive, but we also have a lot of fun. A difference I noticed between Quinn and other firms is other offices were much quieter; attorneys were much more reserved (even visibly scared); people at Quinn are often cracking jokes. Quinn really does leave its attorneys to their own devices, engage in very little management, and encourage people to be themselves. I love it. And there is no shortage of high-stakes newsworthy matters to work on if that's your cup of tea.
Over the years it has become clear to me that Quinn is hated on forums like this mostly because people don't enjoy being on the other side of the "v" from us. We are thought to be uncooperative and aggressive as opposing counsel. Even if that's true (I take no position on it), it has no impact on the quality of your life as a Quinn attorney. Quinn critics may incorrectly project their notion of how we (purportedly) act as OC into a notion of what life inside Quinn is like, when in reality we have a great internal culture that is way more fun, supportive, transparent, and generally humane than what I saw at other firms. Keep an eye out for negative posts from people who have actually worked at Quinn. They are exceedingly rare. The vast majority of the attacks are coming from people who have never set foot inside Quinn.
Finally: Even setting aside the clerkship bonuses, Quinn's compensation is far above market due to little-known associate retention bonuses. Essentially, all 2nd-through-7th year associates get a "profit sharing" award that typically exceeds $50,000. It vests 3 years later (the point is to keep people from leaving). We also pay zero dollars for health insurance (which I understand is unusual) and get free Equinox memberships. On top of all that, approx. $10,000 randomly appears in my 401(k) every year courtesy of the firm (I don't know what they call it, but it's yet another form of extra compensation).
Good luck with your decision. Happy to address any questions you may have.
Could you share more about the compensation? Is the associate retention bonus guaranteed as long as you stay and bill 2100 hours? How is partner track there? Would you say there is a ranking of offices (CA vs DC vs NY)? How social is the office - are you friends outside of work? Thanks in advance!
It's guaranteed so long as you stay; you have to bill at least 2000 to get the provisional award, but once you get it, there is no requirement during the 3-year vesting period except that you stay at the firm.
To the other person who asked if it's $50,000 per year (or whatever it might be - the award is a percentage of firm profits so it varies year-to-year); yes, you can get a provisional award every year from 2nd through 6th. So if you get all of them, that's about $250,000 to $350,000 in above-market compensation over a 5-year period. I don't think there's a firm with better compensation that I know of other than Wachtell (though I think their per-hour comp is actually worse because they bill twice as much as us - do the math) and maybe 1 or 2 obscure boutiques.
Partnership is competitive but they promote almost entirely from within (not laterally) and traditionally promote a decent number of generalists and service/working partners so it's more attainable here than most big law firms. The track can be as short as 7 years (some superstars get it even quicker) and as long as like 10 or 11 depending on when you choose to go up, how many deferrals you take, etc. I like the NY office. Don't know as much about the others. People are as social as they want to be. I generally prefer to socialize with non-work friends and appreciate that I have the time and space to do so, but do have a bunch of friends at work. There are a lot of cool people at Quinn. People are encouraged to be themselves and the firm generally cultivates a loose, fun environment which I think makes it easier to form genuine connections. But there may be less capture bonding than at other firms that force everyone to be in-office at all times.
To the person who asked how mentorship works: My general impression is that much of big law "training" is learning by doing. Quinn is certainly that way. Most people here are relatively comfortable figuring stuff out on their own, learning from exemplars and observing the editing process, etc. Associates also get stand-up opportunities and substantive work earlier here than elsewhere (plenty of first-years are taking depositions, drafting dispositive motions, etc.) so you can get a lot of experiential training that way. You may get slightly more "hands on" mentorship elsewhere, but to me, the cost of having someone breathing down my neck isn't worth it. I prefer the autonomy we get. If you want more hands-on mentorship, you can find more hands-on partners/associates to work with who will give it to you. Easily done, since it's a total free-market system. I know a few...
It's basically just all up to you.