Delaware: Morris Nichols or Richards Layton? Forum
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Delaware: Morris Nichols or Richards Layton?
Deciding between the two for SA. Any info on either firm is much appreciated.
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Re: Delaware: Morris Nichols or Richards Layton?
Interested in this too, particularly about exit ops and billables. Fwiw, it seemed like RLF didn't have a very big emphasis on facetime (but this was just what associates told me on my CB).Anonymous User wrote:Deciding between the two for SA. Any info on either firm is much appreciated.
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Re: Delaware: Morris Nichols or Richards Layton?
(OP here) I've heard MNAT billables are higher.
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Re: Delaware: Morris Nichols or Richards Layton?
Yeah I've heard that too, from someone at MNAT.Anonymous User wrote:(OP here) I've heard MNAT billables are higher.
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- Law Sauce
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Re: Delaware: Morris Nichols or Richards Layton?
This is probably not that important, but MNAT is considered by some (themselves) to be the best/most prestigious of the DE firms. However, RLF would probably be second if you had to rank them. During my interviewing process, I met some really great people at RLF, which for me would probably have negated any difference between the two. Besides, it seemed to me that all the DE firms (except Skadden) do really similar work for similar clients types. So, trust your gut and go wherever you think you would be happiest.
Regarding exit opportunities, I think that they would be similar at all the big-name DE firms (Skadden and other satellites are not DE firms) because it is such a specialized subject matter (DE law) that you will become an expert at. The only difference would be the specific clients that each firm works for since it is possible that your best exit ops would be to go in-house with a client. But it would be impossible to game this so I would not let it factor into the decision too much in a DE firm v. DE firm debate.
Disclaimer: I am a random law-student, you can get better information by asking the people at the firms. I am just trying to add to the discussion and add my two cents.
Regarding exit opportunities, I think that they would be similar at all the big-name DE firms (Skadden and other satellites are not DE firms) because it is such a specialized subject matter (DE law) that you will become an expert at. The only difference would be the specific clients that each firm works for since it is possible that your best exit ops would be to go in-house with a client. But it would be impossible to game this so I would not let it factor into the decision too much in a DE firm v. DE firm debate.
Disclaimer: I am a random law-student, you can get better information by asking the people at the firms. I am just trying to add to the discussion and add my two cents.
Last edited by Law Sauce on Wed Sep 04, 2013 11:46 pm, edited 1 time in total.
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Re: Delaware: Morris Nichols or Richards Layton?
Anyone want to provide insight into Potter Anderson or a comparison of it to the other firms? I've been informed, as the poster above me noted, that all these Wilmington firms do the same work and just go with your gut. Are they equally regarded in the legal community?
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Re: Delaware: Morris Nichols or Richards Layton?
(OP here). I had a CB with Potter Anderson and I really liked the people I met there. They have not yet gotten back to me either way. Even if I got an offer I would decline it in favor of RLF or MNAT: While the Big 4 (Young Conaway being the 4th) are basically "equal" I think RLF/MNAT are perceived slightly higher, prestige-wise.
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Re: Delaware: Morris Nichols or Richards Layton?
The Potter Anderson people told me that the hiring committee meets every Tuesday, though I'm not sure when that started. One thing to at least consider when making this choice btw is that it appears that MNAT no-offered a decent amount of their summer class the last two years (unless I'm misinterpreting the NALP grid/they hired a bunch of clerks), while RLF has had 100% the past two years. Just something to consider.Anonymous User wrote:(OP here). I had a CB with Potter Anderson and I really liked the people I met there. They have not yet gotten back to me either way. Even if I got an offer I would decline it in favor of RLF or MNAT: While the Big 4 (Young Conaway being the 4th) are basically "equal" I think RLF/MNAT are perceived slightly higher, prestige-wise.
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Re: Delaware: Morris Nichols or Richards Layton?
From MNAT's NALP:Anonymous User wrote:The Potter Anderson people told me that the hiring committee meets every Tuesday, though I'm not sure when that started. One thing to at least consider when making this choice btw is that it appears that MNAT no-offered a decent amount of their summer class the last two years (unless I'm misinterpreting the NALP grid/they hired a bunch of clerks), while RLF has had 100% the past two years. Just something to consider.Anonymous User wrote:(OP here). I had a CB with Potter Anderson and I really liked the people I met there. They have not yet gotten back to me either way. Even if I got an offer I would decline it in favor of RLF or MNAT: While the Big 4 (Young Conaway being the 4th) are basically "equal" I think RLF/MNAT are perceived slightly higher, prestige-wise.
Number of 2012 Summer 2Ls considered for associate offers 10
Number of offers made to summer 2L associates 10
*raises eyebrow*
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Re: Delaware: Morris Nichols or Richards Layton?
Hmm, am I just misreading the hiring grid then? Because it looks like they said they had 12 summers in 2011, and then 7 entry-level hires in 2012. And that they had 13 summers in 2012. If I'm just an idiot then I apologize.Anonymous User wrote:From MNAT's NALP:Anonymous User wrote:The Potter Anderson people told me that the hiring committee meets every Tuesday, though I'm not sure when that started. One thing to at least consider when making this choice btw is that it appears that MNAT no-offered a decent amount of their summer class the last two years (unless I'm misinterpreting the NALP grid/they hired a bunch of clerks), while RLF has had 100% the past two years. Just something to consider.Anonymous User wrote:(OP here). I had a CB with Potter Anderson and I really liked the people I met there. They have not yet gotten back to me either way. Even if I got an offer I would decline it in favor of RLF or MNAT: While the Big 4 (Young Conaway being the 4th) are basically "equal" I think RLF/MNAT are perceived slightly higher, prestige-wise.
Number of 2012 Summer 2Ls considered for associate offers 10
Number of offers made to summer 2L associates 10
*raises eyebrow*
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Re: Delaware: Morris Nichols or Richards Layton?
Well, clerkships can definitely throw that number off, because then a 2012 SA wouldn't start until 2014 or possibly 2015.
- Law Sauce
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Re: Delaware: Morris Nichols or Richards Layton?
Yea can't really tell what happened there. People may have split and then not accepted their offered which may explain some of the lower number of entry levels starting. But it is odd that 13 2Ls does not match up with the 10 considered for 2012. Why would they not consider everyone for a job?Anonymous User wrote:Hmm, am I just misreading the hiring grid then? Because it looks like they said they had 12 summers in 2011, and then 7 entry-level hires in 2012. And that they had 13 summers in 2012. If I'm just an idiot then I apologize.Anonymous User wrote:From MNAT's NALP:Anonymous User wrote:The Potter Anderson people told me that the hiring committee meets every Tuesday, though I'm not sure when that started. One thing to at least consider when making this choice btw is that it appears that MNAT no-offered a decent amount of their summer class the last two years (unless I'm misinterpreting the NALP grid/they hired a bunch of clerks), while RLF has had 100% the past two years. Just something to consider.Anonymous User wrote:(OP here). I had a CB with Potter Anderson and I really liked the people I met there. They have not yet gotten back to me either way. Even if I got an offer I would decline it in favor of RLF or MNAT: While the Big 4 (Young Conaway being the 4th) are basically "equal" I think RLF/MNAT are perceived slightly higher, prestige-wise.
Number of 2012 Summer 2Ls considered for associate offers 10
Number of offers made to summer 2L associates 10
*raises eyebrow*
Its possible there were 3 no-offers or that NALP is just not that accurate. I'd ask to get in touch with a former summer if you have an offer (that is generally a good idea anyway).
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Re: Delaware: Morris Nichols or Richards Layton?
I personally know an MNAT 2013 summer who split, was offered, but declined in favor of the other firm.
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Re: Delaware: Morris Nichols or Richards Layton?
Also, I know 2 MNAT 2013 summers and they told me of 13 summers all got offers except one person (who was aspie/did poor work)
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Re: Delaware: Morris Nichols or Richards Layton?
I am an associate at RLF.
I've never heard of or gotten the sense that anyone thinks MNAT is more prestigious.
RLF offers everyone and rarely if ever lays off. Neither are true at MNAT.
I've never heard of or gotten the sense that anyone thinks MNAT is more prestigious.
RLF offers everyone and rarely if ever lays off. Neither are true at MNAT.
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Re: Delaware: Morris Nichols or Richards Layton?
An RLF associate (I've probably met you in interview process)! Tell us more. What should we factor in when deciding btwn DE firms? What is RLF/other DE firms general policy on splitting summers?Anonymous User wrote:I am an associate at RLF.
I've never heard of or gotten the sense that anyone thinks MNAT is more prestigious.
RLF offers everyone and rarely if ever lays off. Neither are true at MNAT.
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Re: Delaware: Morris Nichols or Richards Layton?
Dear RLF associate: What's your work/life balance? I've heard MNAT is somewhat brutal. Same at RLF?
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Re: Delaware: Morris Nichols or Richards Layton?
They're certainly not going to encourage splitting summers, and I do think they'll scrutinize your work more closely.Anonymous User wrote:An RLF associate (I've probably met you in interview process)! Tell us more. What should we factor in when deciding btwn DE firms? What is RLF/other DE firms general policy on splitting summers?Anonymous User wrote:I am an associate at RLF.
I've never heard of or gotten the sense that anyone thinks MNAT is more prestigious.
RLF offers everyone and rarely if ever lays off. Neither are true at MNAT.
Work/life depends on the group. The upstairs groups are more intense, the downstairs ones less so.
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Re: Delaware: Morris Nichols or Richards Layton?
RLF associate: any thoughts on general exit ops? I'm sure that it depends on group, but for those who don't make partner etc, what do they end up doing?
Thanks!
Thanks!
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Re: Delaware: Morris Nichols or Richards Layton?
I have seen: non-law of assorted types, local govt, fed govt, V100s in other cities, judgships.Anonymous User wrote:RLF associate: any thoughts on general exit ops? I'm sure that it depends on group, but for those who don't make partner etc, what do they end up doing?
Thanks!
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Re: Delaware: Morris Nichols or Richards Layton?
Anonymous User wrote:I am an associate at RLF.
I've never heard of or gotten the sense that anyone thinks MNAT is more prestigious.
RLF offers everyone and rarely if ever lays off. Neither are true at MNAT.
RLF Associate:
How does the lockstep compensation work? What are the increases like per year?
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Re: Delaware: Morris Nichols or Richards Layton?
For those who are interested, here are MNAT's offer statistics:Anonymous User wrote:Also, I know 2 MNAT 2013 summers and they told me of 13 summers all got offers except one person (who was aspie/did poor work)
2013: 13/14
2012: 12/15
2010 + 2011: 100% from what I've heard.
MNAT and RLF are neck-and-neck prestige-wise. I'm not sure how MNAT billables stack up against RLF, but MNAT is the market leader among DE firms in compensation (Skadden being the only firm at $160k). As for layoffs, I don't know where the RLF poster got that from, but to my knowledge MNAT has not laid anyone off lately. They do have relatively high turnover, take that for what it's worth. Some practice areas much more than others.
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Re: Delaware: Morris Nichols or Richards Layton?
Which are the upstairs groups and which are the downstairs groups?Anonymous User wrote:They're certainly not going to encourage splitting summers, and I do think they'll scrutinize your work more closely.Anonymous User wrote:An RLF associate (I've probably met you in interview process)! Tell us more. What should we factor in when deciding btwn DE firms? What is RLF/other DE firms general policy on splitting summers?Anonymous User wrote:I am an associate at RLF.
I've never heard of or gotten the sense that anyone thinks MNAT is more prestigious.
RLF offers everyone and rarely if ever lays off. Neither are true at MNAT.
Work/life depends on the group. The upstairs groups are more intense, the downstairs ones less so.
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Re: Delaware: Morris Nichols or Richards Layton?
Litigation/bankr upstairs, business/trusts/trans downstairs.
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