Wachtell v. Boies for lit
Posted: Mon Aug 13, 2018 7:25 pm
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Not OP but I'm considering Boies DC. What do you think about the difference between Boies NY and DC?Anonymous User wrote:Is this Boises NYC or DC?
WLRK does a lot of interesting Lit (CBS litigation, climate change litigation, etc). They also pay more.
Boies pays less and does more litigation.
If you value a social life, you'll have more of it at Boies. If you value money and exit options, take WLRK.
Without more information (your desires, practice group areas, city preferences, relationship status, long-term career goals), its hard to be more specific.
This is not true; where'd you get this information from? Wachtell takes laterals. Two of my friends have lateraled from lower V10s, and they recently made someone partner who started at another firm.PeanutsNJam wrote:Wachtell then lateral to a lit boutique. Or wachtell, clerk at hyper competitive district/circuit, then go lit boutique.
Only go to boies if you plan on staying there.
You can go from wachtell to boies, but not the other way around.
Doesn't Watchell require a clerkship for lit?PeanutsNJam wrote:Wachtell then lateral to a lit boutique. Or wachtell, clerk at hyper competitive district/circuit, then go lit boutique.
Only go to boies if you plan on staying there.
You can go from wachtell to boies, but not the other way around.
Doesn't Watchtell give 100% bonuses though?Anonymous User wrote:I picked Boies when confronted with these choices after my clerkships. I think the variety of work is greater and the substantive experience is superior at Boies (for a litigator - obviously its not a conversation otherwise). After speaking with midlevel litigators at each firm, my sense was that Boies associates were in court and first-chairing depos faster, and they had the opportunity to work on cases outside the financial industry. At Wachtell, the associates still received terrific mentorship and a high quality experience, but you are choosing mostly between securities lit and M&A (or white collar, but that's not really litigation), neither of which appealed to me. The reality, of course, is that it depends at either firm what kind of case you are working: a small team with one partner and two associates will generate a lot of interesting substantive work, whereas on a massive trial team the junior associates will get squeezed either way.
As for comp, yes, Wachtell's bonuses are consistently better, but I know associates at Boies whose comp has regularly beat Wachtell. So, while over time you'll likely get paid more at Wachtell, traditionally the difference has not been as large as Wachtell v. Cravath.
One other important factor for me was that Boies has offices in other parts of the country, including my home city where I may be moving in a couple years, and they are very flexible with offices switches.
I have heard Wachtell doesn’t pay a clerkship bonus. Is that accurate?Veil of Ignorance wrote:Doesn't Watchell require a clerkship for lit?PeanutsNJam wrote:Wachtell then lateral to a lit boutique. Or wachtell, clerk at hyper competitive district/circuit, then go lit boutique.
Only go to boies if you plan on staying there.
You can go from wachtell to boies, but not the other way around.
No, it does notVeil of Ignorance wrote:Doesn't Watchell require a clerkship for lit?PeanutsNJam wrote:Wachtell then lateral to a lit boutique. Or wachtell, clerk at hyper competitive district/circuit, then go lit boutique.
Only go to boies if you plan on staying there.
You can go from wachtell to boies, but not the other way around.
Okay, let me rephrase. It is substantially easier to move from wachtell to Boies than it is to move from Boies to Wachtell. Better?Anonymous User wrote:This is not true; where'd you get this information from? Wachtell takes laterals. Two of my friends have lateraled from lower V10s, and they recently made someone partner who started at another firm.PeanutsNJam wrote:Wachtell then lateral to a lit boutique. Or wachtell, clerk at hyper competitive district/circuit, then go lit boutique.
Only go to boies if you plan on staying there.
You can go from wachtell to boies, but not the other way around.
Why is there such a huge mystique around Wachtell?
While you're right, Wachtell does technically take laterals, it is ridiculously hard to lateral into Wachtell. First, you have to be an absolute stud at your prior firm, your law school grades have to be amazing, and you generally have to have gone to Yale (from what I understand most of the laterals tend to be from YLS) in order to lateral to WLRK. Second, even then, they take maybe 1-2 laterals per year (you can verify on NALP) and get thousands of amazing applicants. In short, it's pretty close to impossible to lateral to WLRK.Anonymous User wrote:This is not true; where'd you get this information from? Wachtell takes laterals. Two of my friends have lateraled from lower V10s, and they recently made someone partner who started at another firm.PeanutsNJam wrote:Wachtell then lateral to a lit boutique. Or wachtell, clerk at hyper competitive district/circuit, then go lit boutique.
Only go to boies if you plan on staying there.
You can go from wachtell to boies, but not the other way around.
Why is there such a huge mystique around Wachtell?
They don't, but they will prorate your end of the year bonus even if you start in say September. That usually ends up being substantially larger than the clerkship bonus.Anonymous User wrote:I have heard Wachtell doesn’t pay a clerkship bonus. Is that accurate?Veil of Ignorance wrote:Doesn't Watchell require a clerkship for lit?PeanutsNJam wrote:Wachtell then lateral to a lit boutique. Or wachtell, clerk at hyper competitive district/circuit, then go lit boutique.
Only go to boies if you plan on staying there.
You can go from wachtell to boies, but not the other way around.
Once again, you’re wrong. If you have the brass rings for Wachtell and choose to go to boies (or Cravath, or SC, or WC, or Munger, or KH, etc) it’s just as easy/difficult to lateral to wachtell as the Vice versa.PeanutsNJam wrote:Okay, let me rephrase. It is substantially easier to move from wachtell to Boies than it is to move from Boies to Wachtell. Better?Anonymous User wrote:This is not true; where'd you get this information from? Wachtell takes laterals. Two of my friends have lateraled from lower V10s, and they recently made someone partner who started at another firm.PeanutsNJam wrote:Wachtell then lateral to a lit boutique. Or wachtell, clerk at hyper competitive district/circuit, then go lit boutique.
Only go to boies if you plan on staying there.
You can go from wachtell to boies, but not the other way around.
Why is there such a huge mystique around Wachtell?
Literally none of this is true. It’s remarkable how much misinformation is spread on this thread.Anonymous User wrote:While you're right, Wachtell does technically take laterals, it is ridiculously hard to lateral into Wachtell. First, you have to be an absolute stud at your prior firm, your law school grades have to be amazing, and you generally have to have gone to Yale (from what I understand most of the laterals tend to be from YLS) in order to lateral to WLRK. Second, even then, they take maybe 1-2 laterals per year (you can verify on NALP) and get thousands of amazing applicants. In short, it's pretty close to impossible to lateral to WLRK.Anonymous User wrote:This is not true; where'd you get this information from? Wachtell takes laterals. Two of my friends have lateraled from lower V10s, and they recently made someone partner who started at another firm.PeanutsNJam wrote:Wachtell then lateral to a lit boutique. Or wachtell, clerk at hyper competitive district/circuit, then go lit boutique.
Only go to boies if you plan on staying there.
You can go from wachtell to boies, but not the other way around.
Why is there such a huge mystique around Wachtell?
none of it is true? So it's easy to become a lateral at Wachtell? You don't have to be a stud at your prior firm? Most of their laterals haven't come from YLS? and they don't take very few laterals?Anonymous User wrote:Literally none of this is true. It’s remarkable how much misinformation is spread on this thread.Anonymous User wrote:While you're right, Wachtell does technically take laterals, it is ridiculously hard to lateral into Wachtell. First, you have to be an absolute stud at your prior firm, your law school grades have to be amazing, and you generally have to have gone to Yale (from what I understand most of the laterals tend to be from YLS) in order to lateral to WLRK. Second, even then, they take maybe 1-2 laterals per year (you can verify on NALP) and get thousands of amazing applicants. In short, it's pretty close to impossible to lateral to WLRK.Anonymous User wrote:This is not true; where'd you get this information from? Wachtell takes laterals. Two of my friends have lateraled from lower V10s, and they recently made someone partner who started at another firm.PeanutsNJam wrote:Wachtell then lateral to a lit boutique. Or wachtell, clerk at hyper competitive district/circuit, then go lit boutique.
Only go to boies if you plan on staying there.
You can go from wachtell to boies, but not the other way around.
Why is there such a huge mystique around Wachtell?
post clerkship is not really lateraling from a firm, is it? And in 2017, Wachtell took 3 true laterals and one already had a previous relationship with the firm as a summer. Go home, you're drunk.Anonymous User wrote:And, for the record, they took 3 “true laterals” in 2016 to go along with 11 post-clerkship laterals, of which only 5 had been previous summer associates. And that’s nalp—your source. So you should chill with the hyperbole
OK.Anonymous User wrote:OP here. In a relationship, only in NYC. Looking for: substantive responsibility/work quality, exit options, etc. I realize I'm choosing to work in biglaw, so *tons* of free time is not really viable. But, if I can not be absolutely slaughtered, that would be nice I guess.
lol @ this super salty Boies associate posting ITTAnonymous User wrote:Literally none of this is true. It’s remarkable how much misinformation is spread on this thread.Anonymous User wrote:While you're right, Wachtell does technically take laterals, it is ridiculously hard to lateral into Wachtell. First, you have to be an absolute stud at your prior firm, your law school grades have to be amazing, and you generally have to have gone to Yale (from what I understand most of the laterals tend to be from YLS) in order to lateral to WLRK. Second, even then, they take maybe 1-2 laterals per year (you can verify on NALP) and get thousands of amazing applicants. In short, it's pretty close to impossible to lateral to WLRK.Anonymous User wrote:This is not true; where'd you get this information from? Wachtell takes laterals. Two of my friends have lateraled from lower V10s, and they recently made someone partner who started at another firm.PeanutsNJam wrote:Wachtell then lateral to a lit boutique. Or wachtell, clerk at hyper competitive district/circuit, then go lit boutique.
Only go to boies if you plan on staying there.
You can go from wachtell to boies, but not the other way around.
Why is there such a huge mystique around Wachtell?
Just for comparison, Wachtell's support staff and resources are ridiculously good (compared to other top NY firms), and the people are great, there's absolutely no culture of intentionally inflicting stress. A lot of people are workaholics, but I've never seen/heard of anyone being actively vindictive. I think lockstep partner comp discourages a lot of the asshole rainmaker behavior. I'm corporate so I don't know much about BSF, just wanted to offer a counterpoint to the above. As long as you don't mind working long hours, WLRK is an amazing place to work.nls336 wrote:late but just wanted to register -- my friend worked a BSF for a number of years, said there were times she was so stressed out she would just go home and cry and want to just like pull all of her hair out. the worst part was that she felt that 'they' -- meaning the management -- wanted to make it that stressful of an environment. i'm sure the stress levels are high anywhere you go but damn that's a hard thing to hear. she also said that she saw so many yale kids and harvard kids come to bsf and lateral out within their first two years. she felt that way specifically because a) there is absolutely NO support staff aside from a few paralegals and some HR people, and b) because she didn't really enjoy working with a lot of the partners. One partner she said told the paralegal to notify her if she left the office to evacuate before finishing a brief (in the very middle of Hurricane Sandy, mind you). Now, of course, I can't say much about Wachtell, and maybe my friend was exaggerating she is pretty hyperbolic but she is also a really, really hard worker and a very smart kid and still would regularly do over 90 hours a week for reference.
that being said, you honestly get trained like no other at BSF because you're actually DOING the litigation, and maybe DC is more chill?