PSA: no one wants to "trade up" Vault firms Forum

(On Campus Interviews, Summer Associate positions, Firm Reviews, Tips, ...)
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 User
Posts: 432640
Joined: Tue Aug 11, 2009 9:32 am

PSA: no one wants to "trade up" Vault firms

Post by Anonymous User » Wed Aug 13, 2014 10:14 am

2Ls, I guess try to go to the best firm you get or whatever, but seriously, associates are not dying to lateral to V10s. I know more people who have seriously considered opening a doggy daycare than considered "trading up."

Anonymous User
Posts: 432640
Joined: Tue Aug 11, 2009 9:32 am

Re: PSA: no one wants to "trade up" Vault firms

Post by Anonymous User » Wed Aug 13, 2014 10:25 am

Anonymous User wrote:2Ls, I guess try to go to the best firm you get or whatever, but seriously, associates are not dying to lateral to V10s. I know more people who have seriously considered opening a doggy daycare than considered "trading up."
I know many people who have traded up and many more who have tried. YMMV.

dixiecupdrinking

Gold
Posts: 3436
Joined: Sun Oct 26, 2008 2:39 pm

Re: PSA: no one wants to "trade up" Vault firms

Post by dixiecupdrinking » Wed Aug 13, 2014 10:57 am

Anonymous User wrote:
Anonymous User wrote:2Ls, I guess try to go to the best firm you get or whatever, but seriously, associates are not dying to lateral to V10s. I know more people who have seriously considered opening a doggy daycare than considered "trading up."
I know many people who have traded up and many more who have tried. YMMV.
I think OP is talking about practicing attorneys.

User avatar
kalvano

Diamond
Posts: 11951
Joined: Mon Sep 07, 2009 2:24 am

Re: PSA: no one wants to "trade up" Vault firms

Post by kalvano » Wed Aug 13, 2014 11:43 am

The "report" button needs a dedicated "anon abuse" category.

User avatar
84651846190

Gold
Posts: 2198
Joined: Thu Sep 13, 2012 7:06 pm

Re: PSA: no one wants to "trade up" Vault firms

Post by 84651846190 » Wed Aug 13, 2014 11:46 am

I definitely know practicing attorneys who have "traded up" but I have no idea what the fuck they were thinking (because they were in lit). If biglaw is your thing, and you are in corporate, I guess trading up makes sense. But it makes absolutely no fucking sense whatsoever if you're in litigation.

Want to continue reading?

Register now to search topics and post comments!

Absolutely FREE!


FSK

Platinum
Posts: 8058
Joined: Tue Oct 15, 2013 2:47 pm

Re: PSA: no one wants to "trade up" Vault firms

Post by FSK » Wed Aug 13, 2014 11:50 am

I could see trading up if you were moving to a new market, and that just happened to be how you made it work.
Last edited by FSK on Sat Jan 27, 2018 5:56 pm, edited 1 time in total.

Anonymous User
Posts: 432640
Joined: Tue Aug 11, 2009 9:32 am

Re: PSA: no one wants to "trade up" Vault firms

Post by Anonymous User » Wed Aug 13, 2014 12:02 pm

dixiecupdrinking wrote:
Anonymous User wrote:
Anonymous User wrote:2Ls, I guess try to go to the best firm you get or whatever, but seriously, associates are not dying to lateral to V10s. I know more people who have seriously considered opening a doggy daycare than considered "trading up."
I know many people who have traded up and many more who have tried. YMMV.
I think OP is talking about practicing attorneys.

I am talking about practicing attorneys. I'm a midlevel. In corp, its ubiquitous, if not particularly common - talented folks who started out in meh practices will get picked up by / upgrade to better groups.

Anonymous User
Posts: 432640
Joined: Tue Aug 11, 2009 9:32 am

Re: PSA: no one wants to "trade up" Vault firms

Post by Anonymous User » Wed Aug 13, 2014 1:19 pm

Does anyone know if firms you are applying for will contact your summer firm? I had very good relationships with the other summers (was like a well oiled machine at the office, and a coed fraternity outside of it), and many of the lawyers I worked for this summer. They're people I would choose to hang out in my free time. The only caveat is I got to know some lateral recruiters, and observed how superficial the process is in that there's a correlation between vault and long term options. I don't want to taint what went well by looking like I was pretending to like everyone. I would only leave if the fit was 100%, and a big difference. Also, 3L hiring seems to be so slow it's unlikely it is possible without tremendous risk. Also, can someone please explain why prestige is less relevant in litigation? It appears that litigation is more prestige oriented over the long term, because nobody is really bringing in business unless they know very rich people who get in trouble a lot so what else would firms promote based on?
Last edited by Anonymous User on Wed Aug 13, 2014 1:25 pm, edited 2 times in total.

toothbrush

Gold
Posts: 2388
Joined: Thu Jul 05, 2012 2:21 pm

Re: PSA: no one wants to "trade up" Vault firms

Post by toothbrush » Wed Aug 13, 2014 1:22 pm

came for a DF thread. am disappoint

09042014

Diamond
Posts: 18203
Joined: Wed Oct 14, 2009 10:47 pm

Re: PSA: no one wants to "trade up" Vault firms

Post by 09042014 » Wed Aug 13, 2014 2:03 pm

toothbrush wrote:came for a DF thread. am disappoint
Smart money never bets against lawyers prefstige whoring.

Want to continue reading?

Register for access!

Did I mention it was FREE ?


Post Reply Post Anonymous Reply  

Return to “Legal Employment”