Why does anybody care about Vault rankings? Forum

[Monochromatic Oeuvre]

If Vault didn't rank law firms what would autists worry about?

[rpupkin]

just because the rankings are perceived doesn't mean it's not probative. however just because it's probative doesn't mean it's conclusive.

What do you think the Vault rankings are "probative" of?

Vault's rankings are by their own admission/definition, rankings of "prestige" so... prestige.

Yes, but it's "prestige" as viewed through the lens of junior associates. Not partners, not clients, not judges, but....junior associates. It reminds me of those horrible TLS threads about which schools have more "lay prestige"? You know, the kind of thread in which posters suggest that Notre Dame and Georgetown are more prestigious than NYU and Penn? It's that kind of "prestige" that Vault is measuring. In other words, it's not a type of prestige that anyone living in the real world should care about.

[stego]

How much (if at all) do firms care about their own Vault rankings? Do clients care about this?

[pancakes3]

just because the rankings are perceived doesn't mean it's not probative. however just because it's probative doesn't mean it's conclusive.

What do you think the Vault rankings are "probative" of?

Vault's rankings are by their own admission/definition, rankings of "prestige" so... prestige.

Yes, but it's "prestige" as viewed through the lens of junior associates. Not partners, not clients, not judges, but....junior associates. It reminds me of those horrible TLS threads about which schools have more "lay prestige"? You know, the kind of thread in which posters suggest that Notre Dame and Georgetown are more prestigious than NYU and Penn? It's that kind of "prestige" that Vault is measuring. In other words, it's not a type of prestige that anyone living in the real world should care about.

Well yeah, (1) it can be better and (2) it's not perfect, or even a good measure as is - but that doesn't completely discredit its value. The margins of error are just wider so the grains of salt with which it's accompanied are larger.

Even with lay prestige of law school, it's bad but it's not so bad to the point of randomness. Laymen aren't ranking TTTT de jour over an Ivy. Even within the UC legal system, most laymen would assume that Cal>UCLA>SD/Hastings (if they know of Hastings at all).

I think equating V-x rankings with a lay prestige LS ranking is about right.

[stego]

How much (if at all) do firms care about their own Vault rankings? Do clients care about this?

[mvp99]

Vault is a powerful recruiting tool and you'll know why when you see Covingtons rank next year

[El Pollito]

just because the rankings are perceived doesn't mean it's not probative. however just because it's probative doesn't mean it's conclusive.

i find this attempt at a sentence disturbing

[pancakes3]

just because the rankings are perceived doesn't mean it's not probative. however just because it's probative doesn't mean it's conclusive.

i find this attempt at a sentence disturbing

i'll try to do better - both grammatically and substantively.

[star fox]

If Vault didn't rank law firms what would autists worry about?

Chambers

[jbagelboy]

What does prestige derive from, ultimately?

Such questions have plagued the minds of mortals from Aristotle to Weber to Bourdieu

The happier you are as a person intrinsically, the less you will care

[jbagelboy]

just because the rankings are perceived doesn't mean it's not probative. however just because it's probative doesn't mean it's conclusive.

What do you think the Vault rankings are "probative" of?

Vault's rankings are by their own admission/definition, rankings of "prestige" so... prestige.

Yes, but it's "prestige" as viewed through the lens of junior associates. Not partners, not clients, not judges, but....junior associates. It reminds me of those horrible TLS threads about which schools have more "lay prestige"? You know, the kind of thread in which posters suggest that Notre Dame and Georgetown are more prestigious than NYU and Penn? It's that kind of "prestige" that Vault is measuring. In other words, it's not a type of prestige that anyone living in the real world should care about.

+1.

Also important in considering vault is that it's really just measuring the prestige of New York-based corporate M&A.
A list for litigation, or even other sub-parts of transactional practice like finance or capital markets, would look different.

[Tiago Splitter]

How much (if at all) do firms care about their own Vault rankings? Do clients care about this?

My firm sent multiple emails reminding us to fill out the survey.

[sublime]

How much (if at all) do firms care about their own Vault rankings? Do clients care about this?

My firm sent multiple emails reminding us to fill out the survey.

So is it sent to all associates at every vault firm or random ones or?

[El Pollito]

i've heard of a firm holding a food and alcohol event w computers set up to make associates do the vault survey

other firms don't care at all