Say no to Jones Day? Forum

[Anonymous User]

I have two other V50 2L job offers that would pay market comp. I should easily say no to JD, right?

Edit: Willkie and FF - NY market

I’m mostly undecided but it’ll be restructuring, Labor & Employment or something purely transactional

[Anonymous User]

I have two other V50 2L job offers that would pay market comp. I should easily say no to JD, right?

What are your other firms? There are markets where JD blows other V50s out of the water in prestige & exit opps where the black box may be worth taking.

[Anonymous User]

Willkie and FF - this is NY btw

[Wanderingdrock]

Jones Day is like those life insurance investment products marketed by high-fee "advisors." It's probably a good decision for a select few in very specific circumstances, but otherwise it's a scam meant to enrich the folks who run it.

Are you one of those select few? Maybe. But studies show that drinking Diet Coke causes the average person to consume a *greater* number of calories than if they just drank regular Coke (due to the signals your brain gets) while I have never in my life spoken to a single person who thinks that's true of *them.*

Without more info on the specific market you're in, the answer's gotta be, "Probably a no-brainer."

[existentialcrisis]

Probably you should.

But what office and what kind of work do you want to do?

[Anonymous User]

Probably you should.

But what office and what kind of work do you want to do?

This right here. JD has a strong labor and employment practice group (along with appellate) and generally has an advantage for having more offices than most law firms. Also, the lawyers there tend to work fewer hours than other firms in major markets. For these reasons, JD could be great for some people.

[RedNewJersey]

Jones Day is less profitable than FF or Willkie (I admittedly did not verify this, but I recall it). That could be a good thing or a bad thing to you. They likely have lower leverage, and partners likely get paid less, and they likely work on different things (with substantial overlap). So, should you go to Jones Day? Sure, but not if your goal is to maximize money, since, again, they simply make less of that, so they give less of it to associates and partners (mostly partners, to be honest, but also associates).

They also have offices in secondary markets, and have black box compensation. Whether you like this depends on whether you want to work in a secondary market, and whether you think the black box will favor you. On average, it will not, but many people are above average. For them, the fact that Jones Day makes less money will come into play though.

[existentialcrisis]

Jones Day is less profitable than FF or Willkie (I admittedly did not verify this, but I recall it). That could be a good thing or a bad thing to you. They likely have lower leverage, and partners likely get paid less, and they likely work on different things (with substantial overlap). So, should you go to Jones Day? Sure, but not if your goal is to maximize money, since, again, they simply make less of that, so they give less of it to associates and partners (mostly partners, to be honest, but also associates).

They also have offices in secondary markets, and have black box compensation. Whether you like this depends on whether you want to work in a secondary market, and whether you think the black box will favor you. On average, it will not, but many people are above average. For them, the fact that Jones Day makes less money will come into play though.

I missed that this was FF and Willkie. I would definitely not take JD over either, at least for anything transactional.

[Wanderingdrock]

Willkie and FF - this is NY btw

I missed this post by a minute. Yeah, hard pass on Jones Day in this case. You've got great options, no reason to settle for a second-tier firm.

[Anonymous User]

I have two other V50 2L job offers that would pay market comp. I should easily say no to JD, right?

Edit: Willkie and FF - NY market

I’m mostly undecided but it’ll be restructuring, Labor & Employment or something purely transactional

I'd take Jones Day for L&E, Wilkie/FF for bankruptcy/transactional unless your plan is to stick around for a very long time. While Jones Day isn't "second tier," it's not a good match for your other goals.

[Anonymous User]

I have two other V50 2L job offers that would pay market comp. I should easily say no to JD, right?

What are your other firms? There are markets where JD blows other V50s out of the water in prestige & exit opps where the black box may be worth taking.

Where