What determines a firm's prestige? Forum
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What determines a firm's prestige?
Is it just Vault rankings? NLJ250? Chambers? These are just surveys of associates aren't they?
I know certain firms would be considered more prestigious in certain markets and areas of the law such as litigation. But is there a credited way to determine a firms "overall" prestige?
How do you determine which names are the most prestigious, and does this necessarily mean they provide the most vast/diverse range of exit options?
I know certain firms would be considered more prestigious in certain markets and areas of the law such as litigation. But is there a credited way to determine a firms "overall" prestige?
How do you determine which names are the most prestigious, and does this necessarily mean they provide the most vast/diverse range of exit options?
Last edited by RickyDnwhyc on Thu Sep 27, 2012 11:41 am, edited 1 time in total.
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Re: What determines a firm's prestige?
Are you a 0L? Who cares.
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Re: What determines a firm's prestige?
Bonuses and PPP
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Re: What determines a firm's prestige?
So... Wachtell then >.<PMan99 wrote:Bonuses and PPP
- IAFG
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Re: What determines a firm's prestige?
Gosh, if only USNWR would develop a set of metrics and definitive list for you, so you could know exactly who you're better than and who is better than you.RickyDnwhyc wrote:Is it just Vault rankings? NLJ250? Chambers? These are just surveys of associates aren't they?
I know certain firms would be considered more prestigious in certain markets and areas of the law such as litigation. But is there a credited way to determine a firms "overall" prestige?
Exit options are not as mechanical as that.
How do you determine which names are the most prestigious, and does this necessarily mean they provide the most vast/diverse range of exit options?
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Re: What determines a firm's prestige?
Seamless limits.
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Re: What determines a firm's prestige?
Haha I guess I set myself up for that one.IAFG wrote:Gosh, if only USNWR would develop a set of metrics and definitive list for you, so you could know exactly who you're better than and who is better than you.RickyDnwhyc wrote:Is it just Vault rankings? NLJ250? Chambers? These are just surveys of associates aren't they?
I know certain firms would be considered more prestigious in certain markets and areas of the law such as litigation. But is there a credited way to determine a firms "overall" prestige?
Exit options are not as mechanical as that.
How do you determine which names are the most prestigious, and does this necessarily mean they provide the most vast/diverse range of exit options?
I just have this hypothetical situation in my head, where you're deciding between two firms, all other things being equal (such as salary, fit, location, etc), how would you go about deciding which firm name will take you farther? PPP seems to make sense as a criterion.
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Re: What determines a firm's prestige?
Well sure, it makes sense... if you're a partner. What do you want as an associate? Good reputation, sure, but for some reason law students seem to think there should be a rigid ordinal list of reputation, and have such a hard time accepting that lots of firms are one another's peers. Good training and for the firm to invest in you. Not sweat-shoppy. A personality fit. Bonuses.RickyDnwhyc wrote:
Haha I guess I set myself up for that one.
I just have this hypothetical situation in my head, where you're deciding between two firms, all other things being equal (such as salary, fit, location, etc), how would you go about deciding which firm name will take you farther? PPP seems to make sense as a criterion.
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Re: What determines a firm's prestige?
Practice group strengthRickyDnwhyc wrote:Haha I guess I set myself up for that one.IAFG wrote:Gosh, if only USNWR would develop a set of metrics and definitive list for you, so you could know exactly who you're better than and who is better than you.RickyDnwhyc wrote:Is it just Vault rankings? NLJ250? Chambers? These are just surveys of associates aren't they?
I know certain firms would be considered more prestigious in certain markets and areas of the law such as litigation. But is there a credited way to determine a firms "overall" prestige?
Exit options are not as mechanical as that.
How do you determine which names are the most prestigious, and does this necessarily mean they provide the most vast/diverse range of exit options?
I just have this hypothetical situation in my head, where you're deciding between two firms, all other things being equal (such as salary, fit, location, etc), how would you go about deciding which firm name will take you farther? PPP seems to make sense as a criterion.
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Re: What determines a firm's prestige?
I agree. Every firms has a list of the 40 practice groups they "specialize" in, but if you're a government contracts lawyer, being at a firm everyone thinks of for its government contracts practice matters a lot more than its Vault ranking.PMan99 wrote:Practice group strengthRickyDnwhyc wrote:Haha I guess I set myself up for that one.IAFG wrote:Gosh, if only USNWR would develop a set of metrics and definitive list for you, so you could know exactly who you're better than and who is better than you.RickyDnwhyc wrote:Is it just Vault rankings? NLJ250? Chambers? These are just surveys of associates aren't they?
I know certain firms would be considered more prestigious in certain markets and areas of the law such as litigation. But is there a credited way to determine a firms "overall" prestige?
Exit options are not as mechanical as that.
How do you determine which names are the most prestigious, and does this necessarily mean they provide the most vast/diverse range of exit options?
I just have this hypothetical situation in my head, where you're deciding between two firms, all other things being equal (such as salary, fit, location, etc), how would you go about deciding which firm name will take you farther? PPP seems to make sense as a criterion.
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Re: What determines a firm's prestige?
Practice group strength
I was going to say that I meant to include that in "all things being equal", but this hypothetical is slowing becoming too unlikely to even merit consideration.I agree. Every firms has a list of the 40 practice groups they "specialize" in, but if you're a government contracts lawyer, being at a firm everyone thinks of for its government contracts practice matters a lot more than its Vault ranking
Last edited by RickyDnwhyc on Thu Sep 27, 2012 12:30 pm, edited 1 time in total.
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Re: What determines a firm's prestige?
OP: Read the forum rules before posting. The Legal Employment forum is not for 0Ls. This thread has been moved.
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Re: What determines a firm's prestige?
Sorry 'bout that, thanks for the move
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Re: What determines a firm's prestige?
Vault
LS hall chatter
ATL
(Not srs)
(Semi srs)
(100% srs for >1/2 T14ers i bet)
LS hall chatter
ATL
(Not srs)
(Semi srs)
(100% srs for >1/2 T14ers i bet)
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Re: What determines a firm's prestige?
^ Makes sense, but what is ATL?
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Re: What determines a firm's prestige?
Do you even law?RickyDnwhyc wrote:^ Makes sense, but what is ATL?
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Re: What determines a firm's prestige?

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