Lateraling out of a v100 firm to firm ranked around v50 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: 432595
Joined: Tue Aug 11, 2009 9:32 am

Lateraling out of a v100 firm to firm ranked around v50

Post by Anonymous User » Sat Jul 10, 2021 7:22 pm

Would starting at a firms like duane Morris, katten, blank rome, etc… make it impossible to lateral to a v50~ firm after a few years??

JusticeJackson

Silver
Posts: 609
Joined: Thu Feb 10, 2011 12:26 am

Re: Lateraling out of a v100 firm to firm ranked around v50

Post by JusticeJackson » Sun Jul 11, 2021 7:53 pm

No. Especially now when the market is hot. But even when it was slow I knew people that did this. Most extreme that comes to mind was Fennemore Craig to Gibson Dunn.

DukeMountain

New
Posts: 28
Joined: Mon Feb 24, 2014 11:33 am

Re: Lateraling out of a v100 firm to firm ranked around v50

Post by DukeMountain » Sun Jul 11, 2021 8:39 pm

After a few years may make it easier may make it hard assuming practice group is the same. There’s probably somewhat of a regional difference unless in major market.

Generally no

Sackboy

Silver
Posts: 1045
Joined: Fri Mar 27, 2020 2:14 am

Re: Lateraling out of a v100 firm to firm ranked around v50

Post by Sackboy » Sun Jul 11, 2021 9:04 pm

In corporate? Definitely not a problem. In litigation? It's possible, but it definitely seems harder.

hdr

Bronze
Posts: 195
Joined: Tue May 19, 2020 12:25 pm

Re: Lateraling out of a v100 firm to firm ranked around v50

Post by hdr » Mon Jul 12, 2021 11:19 am

You can always lateral up in corporate. I know multiple Katten corporate associates who moved to V20 firms, all pre-COVID. Right now the market is even more favorable for laterals.

Lateralling up in litigation is more challenging and more dependent on school/grades, but it's far from impossible.

Want to continue reading?

Register now to search topics and post comments!

Absolutely FREE!


Anonymous User
Posts: 432595
Joined: Tue Aug 11, 2009 9:32 am

Re: Lateraling out of a v100 firm to firm ranked around v50

Post by Anonymous User » Mon Jul 12, 2021 12:53 pm

I jumped from a firm in the V60s to a V10 firm in the corporate space, so certainly doable. But it took a bit of time and a lot of refining my approach to the lateral market to be able to land that jump.

Anonymous User
Posts: 432595
Joined: Tue Aug 11, 2009 9:32 am

Re: Lateraling out of a v100 firm to firm ranked around v50

Post by Anonymous User » Mon Jul 12, 2021 1:22 pm

Lots and lots of corporate associates at my high PEP V90 jumping to V5s/V10s/V20s.

In this market it's more a matter of if it's worth moving for same the same pay and likely more hours (lots of my colleagues have decided yes, yes it is).

2013

Silver
Posts: 931
Joined: Thu Jan 31, 2013 2:29 am

Re: Lateraling out of a v100 firm to firm ranked around v50

Post by 2013 » Mon Jul 12, 2021 5:09 pm

Anonymous User wrote:
Mon Jul 12, 2021 1:22 pm
Lots and lots of corporate associates at my high PEP V90 jumping to V5s/V10s/V20s.

In this market it's more a matter of if it's worth moving for same the same pay and likely more hours (lots of my colleagues have decided yes, yes it is).
Anon, you’re probably at one of the firms that is atypical for the lower v100 firms (Fenwick, Schulte, Kramer Levin). I wouldn’t say it’s necessarily hard for associates at any of these firms to lateral up.

Also, to OP, I think it’s very different based on the firm you’re at. I think Katten is seen much more as a peer than Duane Morris or Blank Rome to many of the V20 firms.

Anonymous User
Posts: 432595
Joined: Tue Aug 11, 2009 9:32 am

Re: Lateraling out of a v100 firm to firm ranked around v50

Post by Anonymous User » Mon Jul 12, 2021 9:31 pm

gotcha, seems like my best SA chances rn are low v100 firms , which I’m ok with … if anything I would lateral up to somewhere around v50 first… I’m in the nyc market btw

DukeMountain

New
Posts: 28
Joined: Mon Feb 24, 2014 11:33 am

Re: Lateraling out of a v100 firm to firm ranked around v50

Post by DukeMountain » Tue Jul 13, 2021 2:05 pm

Op - what do you think a move like this would get you?

Want to continue reading?

Register for access!

Did I mention it was FREE ?


Post Reply Post Anonymous Reply  

Return to “Legal Employment”