Boutique Firm (market) v. BigLaw (below market) Forum
Forum rules
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
-
- Posts: 432495
- Joined: Tue Aug 11, 2009 9:32 am
Boutique Firm (market) v. BigLaw (below market)
Currently trying to choose between an expanding litigation boutique firm (pays market in NYC) and a better established "BigLaw" firm. Not prestigious. Pays below market (I don't want to go into too much specifics but think $130-$145). Litigation department there. Doesn't rotate.
Am pretty sure I want to do litigation, but as a 2L, what do I know?
Both firms are in NYC. Boutique firm will work me harder (higher billable requirement) but they do pay market. As for "fit" honestly I liked them both.
Thoughts?
Am pretty sure I want to do litigation, but as a 2L, what do I know?
Both firms are in NYC. Boutique firm will work me harder (higher billable requirement) but they do pay market. As for "fit" honestly I liked them both.
Thoughts?
-
- Posts: 432495
- Joined: Tue Aug 11, 2009 9:32 am
Re: Boutique Firm (market) v. BigLaw (below market)
OP here - I'm a single guy and so don't really need to support anyone atm, I'm pretty sure I can do okay with $130-$145K.
- Law Sauce
- Posts: 927
- Joined: Mon Nov 15, 2010 2:21 pm
Re: Boutique Firm (market) v. BigLaw (below market)
From just what you have told us, its tough to really say much. The only thing I am wondering is how a "better established 'Biglaw' firm in NYC" doesn't pay market. There are few biglaw firms in NYC that do not pay market. May be a sign that they are bottom tier (even lower tier biglaw in NYC usually pay market AFAIK).
-
- Posts: 2399
- Joined: Mon Jan 07, 2013 4:21 pm
Re: Boutique Firm (market) v. BigLaw (below market)
There are several vault firms that don't pay market in NY (eg Reed Smith).Law Sauce wrote:From just what you have told us, its tough to really say much. The only thing I am wondering is how a "better established 'Biglaw' firm in NYC" doesn't pay market. There are few biglaw firms in NYC that do not pay market. May be a sign that they are bottom tier (even lower tier biglaw in NYC usually pay market AFAIK).
-
- Posts: 432495
- Joined: Tue Aug 11, 2009 9:32 am
Re: Boutique Firm (market) v. BigLaw (below market)
Bryan Cave pays $145K in NYC and is seventy-something on Vault.
Want to continue reading?
Register now to search topics and post comments!
Absolutely FREE!
Already a member? Login
- guano
- Posts: 2264
- Joined: Mon Feb 18, 2013 9:49 am
Re: Boutique Firm (market) v. BigLaw (below market)
Quite a few non NY headquartered firms pay the same salary irrespective of office and pay based on their home market rate, even at their NY satellite.
Typically that's $135-145k. However, the billables requirement is typically also that of the home market, which is usually noticeably lower
Typically that's $135-145k. However, the billables requirement is typically also that of the home market, which is usually noticeably lower
- Law Sauce
- Posts: 927
- Joined: Mon Nov 15, 2010 2:21 pm
- Pokemon
- Posts: 3528
- Joined: Thu Jan 12, 2012 11:58 pm
Re: Boutique Firm (market) v. BigLaw (below market)
There are boutiques and then there are boutiques... so I would be aware of that.
Also, TLS wisdom says that you are more likely to be no-offered at a boutique than at a biglaw firm... take that with a grain of salt though.
Also, TLS wisdom says that you are more likely to be no-offered at a boutique than at a biglaw firm... take that with a grain of salt though.
-
- Posts: 7
- Joined: Wed Oct 02, 2013 11:12 am
Re: Boutique Firm (market) v. BigLaw (below market)
What kind of litigation boutique is this? Is it on par with the more well-known ones that people read about in the papers? Susman, Bickel, etc.?
-
- Posts: 432495
- Joined: Tue Aug 11, 2009 9:32 am
Re: Boutique Firm (market) v. BigLaw (below market)
Not the OP but curious about this because you mentioned Bickel. Bickel pays 185K. Should one take Bickel or "BigLaw" at market (assuming it's not a very prestigious V50 firm), assuming of course you're going to be doing litigation anyway?Allenowen wrote:What kind of litigation boutique is this? Is it on par with the more well-known ones that people read about in the papers? Susman, Bickel, etc.?
-
- Posts: 20063
- Joined: Sun Mar 14, 2010 7:06 pm
Re: Boutique Firm (market) v. BigLaw (below market)
Nobody can answer this question when the only information provided is "Bickel vs V50."Anonymous User wrote:Not the OP but curious about this because you mentioned Bickel. Bickel pays 185K. Should one take Bickel or "BigLaw" at market (assuming it's not a very prestigious V50 firm), assuming of course you're going to be doing litigation anyway?
-
- Posts: 432495
- Joined: Tue Aug 11, 2009 9:32 am
Re: Boutique Firm (market) v. BigLaw (below market)
Is $185K worth choosing Bickel?
Last edited by Anonymous User on Fri Oct 04, 2013 2:04 am, edited 1 time in total.
-
- Posts: 20063
- Joined: Sun Mar 14, 2010 7:06 pm
Re: Boutique Firm (market) v. BigLaw (below market)
Again, there are so many things that go into this decision other than pure pay.Anonymous User wrote:Is $185K worth choosing Bickel?
Register now!
Resources to assist law school applicants, students & graduates.
It's still FREE!
Already a member? Login
-
- Posts: 432495
- Joined: Tue Aug 11, 2009 9:32 am
Re: Boutique Firm (market) v. BigLaw (below market)
I guess the better question is things like quality of life (Bickel works more hours than most firms unless we're talking V10), exit strategies, etc. If you want to do something other than litigation you would have to leave the firm.
Solid choice if you are interested in litigation and want to make lots of money, and of course got along with the people you interviewed with.
Solid choice if you are interested in litigation and want to make lots of money, and of course got along with the people you interviewed with.
-
- Posts: 922
- Joined: Mon Jul 02, 2012 10:36 pm
Re: Boutique Firm (market) v. BigLaw (below market)
A firm like a Bickel pays above market not because it's charitable or has money to burn but because it has to.Anonymous User wrote:Is $185K worth choosing Bickel?
-
- Posts: 432495
- Joined: Tue Aug 11, 2009 9:32 am
Re: Boutique Firm (market) v. BigLaw (below market)
Bump. So I have an opportunity to work for a litigation boutique (not Bickel, Susman) etc. that pays 15-20K below NYC market. I also have an offer at a V100 out of NY that does primarily corporate work (some litigation, but not the driving force behind it.
I want to litigate, but am not 100% set on it and I'm worried about exit options/prestige impacting my career later on. What would be the difference in exit options? What is more important (good early responsibility/experience or prestige/exit options)?
I want to litigate, but am not 100% set on it and I'm worried about exit options/prestige impacting my career later on. What would be the difference in exit options? What is more important (good early responsibility/experience or prestige/exit options)?
-
- Posts: 432495
- Joined: Tue Aug 11, 2009 9:32 am
Get unlimited access to all forums and topics
Register now!
I'm pretty sure I told you it's FREE...
Already a member? Login
-
- Posts: 1474
- Joined: Fri Mar 14, 2014 9:00 pm
Re: Boutique Firm (market) v. BigLaw (below market)
Do you have any debt?Anonymous User wrote:Bump. So I have an opportunity to work for a litigation boutique (not Bickel, Susman) etc. that pays 15-20K below NYC market. I also have an offer at a V100 out of NY that does primarily corporate work (some litigation, but not the driving force behind it.
I want to litigate, but am not 100% set on it and I'm worried about exit options/prestige impacting my career later on. What would be the difference in exit options? What is more important (good early responsibility/experience or prestige/exit options)?
-
- Posts: 432495
- Joined: Tue Aug 11, 2009 9:32 am
Re: Boutique Firm (market) v. BigLaw (below market)
OP Here. No debt...I want litigation, but don't want to cut off exit options.mvp99 wrote:Do you have any debt?Anonymous User wrote:Bump. So I have an opportunity to work for a litigation boutique (not Bickel, Susman) etc. that pays 15-20K below NYC market. I also have an offer at a V100 out of NY that does primarily corporate work (some litigation, but not the driving force behind it.
I want to litigate, but am not 100% set on it and I'm worried about exit options/prestige impacting my career later on. What would be the difference in exit options? What is more important (good early responsibility/experience or prestige/exit options)?
Communicate now with those who not only know what a legal education is, but can offer you worthy advice and commentary as you complete the three most educational, yet challenging years of your law related post graduate life.
Register now, it's still FREE!
Already a member? Login