2014 Texas OCI (UT and other schools bidding on TX) Forum

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Anonymous User
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Re: 2014 Texas OCI (UT and other schools bidding on TX)

Post by Anonymous User » Wed Oct 08, 2014 2:02 pm

Anonymous User wrote: How important should this table be when evaluating firm strength or selecting a firm? I don't hear people talking much about Jones Day, yet it looks pretty good in terms of deal value.

I also thought V&E and Latham were the two top firms in TX for corporate work.
This table has limited value. Take American/United for example - Jones Day's people staffed on that mostly came out of Washington DC, there was one partner that splits between Houston and DC's offices. Weil was also in that deal but I'm not sure of the Dallas v. NY split. So the location of the buyer/seller doesn't necessarily indicate where those hours are coming from. That said, V&E/HB/BB just aren't going to get the big deals. Sure Halliburton is a client, but if they ever decide to merge with Schlumberger, Skadden/Cravath/Weil/Simpson/Kirkland are going to get that deal.

The value of the table does come in when you're looking at fit. I agree with one-year-into-big-law guy that you can't go wrong with any of them, but some people would rather die than work on only two big deals at Debevoise no matter how big the deals are and others would rather die than work on <$500M deals no matter how many happen and how much responsibility you get. The big deal guy would say yeah, you're running your own deals but you have no idea what even goes into a $50Billion deal. The small deal guy would say have fun doing due diligence on your big deal and billing only two client matters this year.

Info accumulated from an SA with one of the firms listed above and a lot of young associates...clearly biased against small deals, but I respect that some people want to be running deals early on.

Anonymous User
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Re: 2014 Texas OCI (UT and other schools bidding on TX)

Post by Anonymous User » Wed Oct 08, 2014 5:32 pm

I thought Kirkland's bread and butter was middle-market PE? At least, that's what I was told by an associate in an interview when I started raving about the size and sophistication of the deals they handle in response to "Why Kirkland?"

I also didn't really consider the Houston offices of Skadden or Weil because they seem like tiny satellites. Kirkland and Simpson seemed pretty legit though.

Anonymous User
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Re: 2014 Texas OCI (UT and other schools bidding on TX)

Post by Anonymous User » Mon Oct 13, 2014 2:49 pm

For those that received B&G Houston dings post-CB, did they come through email or snail mail? I had a callback some time ago and am thinking my rejection might have gotten lost in the mail.

Anonymous User
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Re: 2014 Texas OCI (UT and other schools bidding on TX)

Post by Anonymous User » Thu Oct 16, 2014 4:25 pm

Whats the deal with Thompson Coe Dallas?

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