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PSA: no one wants to "trade up" Vault firms
Posted: Wed Aug 13, 2014 10:14 am
by Anonymous User
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."
Re: PSA: no one wants to "trade up" Vault firms
Posted: Wed Aug 13, 2014 10:25 am
by Anonymous User
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.
Re: PSA: no one wants to "trade up" Vault firms
Posted: Wed Aug 13, 2014 10:57 am
by dixiecupdrinking
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.
Re: PSA: no one wants to "trade up" Vault firms
Posted: Wed Aug 13, 2014 11:43 am
by kalvano
The "report" button needs a dedicated "anon abuse" category.
Re: PSA: no one wants to "trade up" Vault firms
Posted: Wed Aug 13, 2014 11:46 am
by 84651846190
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.
Re: PSA: no one wants to "trade up" Vault firms
Posted: Wed Aug 13, 2014 11:50 am
by FSK
I could see trading up if you were moving to a new market, and that just happened to be how you made it work.
Re: PSA: no one wants to "trade up" Vault firms
Posted: Wed Aug 13, 2014 12:02 pm
by Anonymous User
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.
Re: PSA: no one wants to "trade up" Vault firms
Posted: Wed Aug 13, 2014 1:19 pm
by Anonymous User
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?
Re: PSA: no one wants to "trade up" Vault firms
Posted: Wed Aug 13, 2014 1:22 pm
by toothbrush
came for a DF thread. am disappoint
Re: PSA: no one wants to "trade up" Vault firms
Posted: Wed Aug 13, 2014 2:03 pm
by 09042014
toothbrush wrote:came for a DF thread. am disappoint
Smart money never bets against lawyers prefstige whoring.