Elite Litigation Firms
Posted: Thu Jun 14, 2018 3:21 pm
If you want to talk about this, please do it here.Anonymous User wrote:What is obviously missing here is what city we're discussing. In NYC, for example, W&C, KVN, MTO, and Bartlitt Beck don't have NY offices. Susman does, and has to be the toughest boutique offer with only 14 associates, all with unreal feeder (or SCOTUS clerk) resumes. Boies NY has to be second. There are only 30 NY associates, most with HYSCCN CoA/D.C. clerkship resumes. Boies has some weird office locations though (Ft. Lauderdale, Vegas, & Hollywood, FL), which might by why above poster says Boies gathers some middling UCLA/GW ppl.Anonymous User wrote:not sure "unprestigious" is the correct word choice thereAnonymous User wrote:Yes, that's the point the other poster is making. Even though W&C has a lower PPP, he is suggesting they will be less affected by a raise, so if PW can raise, W&C certainly can. (not my words, just explaining to you)Anonymous User wrote:I’m so not following the PPP bit. If Paul Weiss partners take a $60k hit for raising associates’ salaries by $10k wouldn’t their PPP be more greatly affected by raises than the elite boutiques?Anonymous User wrote:PPP isn't the relevant metric. Elite boutiques like W&C (because yes, it is elite) have lower PPP because they aren't heavily leveraged.
Example: Paul, Weiss might have a very high PPP but when leverage is like 6 associates to 1 partner, increasing every $10k increase is a $60k hit to a partner. At an elite boutique where there the ratio is 1:1, a $10k increase is only a $10k hit to the partner.
Also, Boies probably has more unprestigious resumes (UCLA, GW, arguably Berkeley) than prestigious ones (HYSCCN). This is not true with elite boutiques like Susman, KVN, MTO, which are truly selective.