Vault Hours Rankings
Posted: Tue Jul 19, 2016 8:12 pm
What do Vault Hours Rankings mean? Do the high ranks = less hours worked or more hours worked?
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Vault rankings are derived from information reported by associates themselves, some of whom may not understand yet how things work at their firm, some of which don't know enough about other firms to actually accurately give ratings of any kind to those firms (you're "discouraged" from doing so, but, come on), some of which clearly have an interest in making their firm look as good as possible, even if their firm objectively sucks, etc.monalisa wrote:Yea, okay, it does look like the higher the ranking, the lower the hours because it's under criteria for "best firms to work for," and the firms aren't necessarily the "highest name-brand firms." What's wrong with Vault rankings though?
What instances is it good for, in your opinion?Anonymous User wrote:Vault rankings are derived from information reported by associates themselves, some of whom may not understand yet how things work at their firm, some of which don't know enough about other firms to actually accurately give ratings of any kind to those firms (you're "discouraged" from doing so, but, come on), some of which clearly have an interest in making their firm look as good as possible, even if their firm objectively sucks, etc.monalisa wrote:Yea, okay, it does look like the higher the ranking, the lower the hours because it's under criteria for "best firms to work for," and the firms aren't necessarily the "highest name-brand firms." What's wrong with Vault rankings though?
Once you're in a firm and have a chance to fill out the survey, you'll see. It has value in very specific instances, but it probably should not be used by the majority of people going into law.
http://www.vault.com/company-rankings/l ... sRankID=31Toni V wrote:I have seen a good number of various V rankings but never one comparing hours, where is the link to that stat? Thx.
(My experience is that V hours = 2,000 ― give or take a little. It is a high number considering that most V offer 4 weeks vacation).
The higher the Vault Hours Ranking, the higher the quality of the hours worked. The lower the Vault Hours Ranking, the lower the quality.monalisa wrote:What do Vault Hours Rankings mean? Do the high ranks = less hours worked or more hours worked?
This seems like an EXTREMELY random list of firms. I can't think of anythingthey really have in common, based on general reputation. Certainly not low hours.monalisa wrote:http://www.vault.com/company-rankings/l ... sRankID=31Toni V wrote:I have seen a good number of various V rankings but never one comparing hours, where is the link to that stat? Thx.
(My experience is that V hours = 2,000 ― give or take a little. It is a high number considering that most V offer 4 weeks vacation).
I would say the firms generally have excellence in common. As I stated, this particular ranking is about hours quality, not quantity.ballouttacontrol wrote:This seems like an EXTREMELY random list of firms. I can't think of anythingthey really have in common, based on general reputation. Certainly not low hours.monalisa wrote:http://www.vault.com/company-rankings/l ... sRankID=31Toni V wrote:I have seen a good number of various V rankings but never one comparing hours, where is the link to that stat? Thx.
(My experience is that V hours = 2,000 ― give or take a little. It is a high number considering that most V offer 4 weeks vacation).
I have never heard anyone describe Fried Frank or Paul Hastings as having anything like humane hours.ballouttacontrol wrote:This seems like an EXTREMELY random list of firms. I can't think of anythingthey really have in common, based on general reputation. Certainly not low hours.monalisa wrote:http://www.vault.com/company-rankings/l ... sRankID=31Toni V wrote:I have seen a good number of various V rankings but never one comparing hours, where is the link to that stat? Thx.
(My experience is that V hours = 2,000 ― give or take a little. It is a high number considering that most V offer 4 weeks vacation).
??????????
Sure, in many secondary markets 1950 would be a slightly above average targetMonochromatic Oeuvre wrote:I have never heard anyone describe Fried Frank or Paul Hastings as having anything like humane hours.ballouttacontrol wrote:This seems like an EXTREMELY random list of firms. I can't think of anythingthey really have in common, based on general reputation. Certainly not low hours.monalisa wrote:http://www.vault.com/company-rankings/l ... sRankID=31Toni V wrote:I have seen a good number of various V rankings but never one comparing hours, where is the link to that stat? Thx.
(My experience is that V hours = 2,000 ― give or take a little. It is a high number considering that most V offer 4 weeks vacation).
??????????
Is there any firm paying market comp with an hours expectation under 1950?
You're missing the point. The general Vault rankings are about mindless prestige. But these "Vault Hours Rankings" are about substance. These are the rankings that everyone should be looking at closely. We all want quality hours.LaLiLuLeLo wrote:Wtf does quality even mean? "We're still working you like a dog, but our matters are FAR more prestigious than a V43 firm, so it feels better right? Doesn't that help you sleep at night? CAN'T YOU JUST TASTE THE PRESTIGE????"
You serious, Clark? "Excellence in common" lol. It is clearly about better hours and lifestyle. Even the header says, "Prestige isn't everything. These are the firms associates find the most amenable to a satisfying work experience." O'Melveny is #1 and they recently were also ranked...#1 for lifestyle in another ranking.rpupkin wrote:I would say the firms generally have excellence in common. As I stated, this particular ranking is about hours quality, not quantity.ballouttacontrol wrote:This seems like an EXTREMELY random list of firms. I can't think of anythingthey really have in common, based on general reputation. Certainly not low hours.monalisa wrote:http://www.vault.com/company-rankings/l ... sRankID=31Toni V wrote:I have seen a good number of various V rankings but never one comparing hours, where is the link to that stat? Thx.
(My experience is that V hours = 2,000 ― give or take a little. It is a high number considering that most V offer 4 weeks vacation).
LJL @ your lack of prestige awareness. Most TLS'ers have never heard of Adams and Reese because the firm is too prestigious and selective to be on anyone's radar. I bet you applied there and got no response, and now you're bitter. Sad!deadpanic wrote:You serious, Clark? "Excellence in common" lol. It is clearly about better hours and lifestyle. Even the header says, "Prestige isn't everything. These are the firms associates find the most amenable to a satisfying work experience." O'Melveny is #1 and they recently were also ranked...#1 for lifestyle in another ranking.rpupkin wrote: I would say the firms generally have excellence in common. As I stated, this particular ranking is about hours quality, not quantity.
Adams and Reese is #8. Be honest: Have you even heard of them before the Vault ranking that you just read? Because they have never even been in the V100. They are a good regional firm for the Gulf states, but you are telling me the quality of hours an associate in Mobile, Alabama or Baton Rouge is on point with the rest of the list?
rpupkin wrote:LJL @ your lack of prestige awareness. Most TLS'ers have never heard of Adams and Reese because the firm is too prestigious and selective to be on anyone's radar. I bet you applied there and got no response, and now you're bitter. Sad!deadpanic wrote:You serious, Clark? "Excellence in common" lol. It is clearly about better hours and lifestyle. Even the header says, "Prestige isn't everything. These are the firms associates find the most amenable to a satisfying work experience." O'Melveny is #1 and they recently were also ranked...#1 for lifestyle in another ranking.rpupkin wrote: I would say the firms generally have excellence in common. As I stated, this particular ranking is about hours quality, not quantity.
Adams and Reese is #8. Be honest: Have you even heard of them before the Vault ranking that you just read? Because they have never even been in the V100. They are a good regional firm for the Gulf states, but you are telling me the quality of hours an associate in Mobile, Alabama or Baton Rouge is on point with the rest of the list?
And, yes, Vault's header says "prestige isn't everything." But Vault is clearly paraphrasing Vince Lombardi: Prestige isn't everything; it's the only thing. This particular ranking is about pure prestige--i.e., the quality of your hours--and not about mere superficial prestige.
I can see I lacked the self-awareness on your original sarcasm here, so nicely done. I need to slip back into retirement.rpupkin wrote:LJL @ your lack of prestige awareness. Most TLS'ers have never heard of Adams and Reese because the firm is too prestigious and selective to be on anyone's radar. I bet you applied there and got no response, and now you're bitter. Sad!deadpanic wrote:You serious, Clark? "Excellence in common" lol. It is clearly about better hours and lifestyle. Even the header says, "Prestige isn't everything. These are the firms associates find the most amenable to a satisfying work experience." O'Melveny is #1 and they recently were also ranked...#1 for lifestyle in another ranking.rpupkin wrote: I would say the firms generally have excellence in common. As I stated, this particular ranking is about hours quality, not quantity.
Adams and Reese is #8. Be honest: Have you even heard of them before the Vault ranking that you just read? Because they have never even been in the V100. They are a good regional firm for the Gulf states, but you are telling me the quality of hours an associate in Mobile, Alabama or Baton Rouge is on point with the rest of the list?
And, yes, Vault's header says "prestige isn't everything." But Vault is clearly paraphrasing Vince Lombardi: Prestige isn't everything; it's the only thing. This particular ranking is about pure prestige--i.e., the quality of your hours--and not about mere superficial prestige.