Vault Guide to the Top 100 Law Firms, 2018 Edition.pdf

Compensation our compensation and bonuses are

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progression is organic.” Compensation • “Our compensation and bonuses are consistently market. The firm provides additional resources such as car services and meals for late nights, and $400 entertainment certificates are awarded for associates who bill 250+ hours in a month. We also receive a $1000 technology allowance to facilitate working from home and other needs.” • “The firm matches market standard compensation. I have been very happy with the number of billable hours I have had each year and my compensation.” • “We will always match the market and we are lockstep. Because our partners are also lockstep, we do not have individual fiefdoms and we do not worry about origination fees. I have been staffed on multiple matters involving more than three offices and we operate seamlessly.” • “Despite not making my hours by a lot, I still received almost 25% of what I would have made if I had made my hours. It was acknowledged that my lack of hours was because the work in my niche simply wasn’t coming into the firm, and not because of any fault of mine.” Quality of Work • “It seems that most juniors I’ve spoken with are getting assigned a large amount of responsibility and I feel the same goes for my workload. I believe we get a good mix of stuff that needs to get done and stuff that you truly want to do. The assigning personnel really listen to what juniors are looking for and make great efforts to match individuals with the work that they want to do.” • “I spend most of my time on substantive legal work that is appropriate for my level. I respond to questions from the client and from opposing counsel on various deals; I draft the principal deal documents; and I review and provide comments on various documents, either in response to SEC comments or on the other side’s drafts.” • “I have had exactly one task that was not at the level I would expect, and that was an emergency situation where I was happy to help out. The firm works very hard to make sure people have ample ‘stretch’ assignments as well as assignments that match their class year.” • “Work is interesting and diverse, you get a lot of client exposure all over the world. A number of partners allow client
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321 Vault Guide to the Top 100 Law Firms, 2018 Edition CLIFFORD CHANCE US LLP contact early on in your career. The downside is that some partners take no responsibility whatsoever for drafts prepared for their review.” Training & Mentoring • “My mentor partner checks in with me regularly, as do my informal mentors. The firm has an academy program of formal training that is quite robust and well received.” • “The training is extensive as a junior, but it has paid off in my work product. It also creates greater efficiency for the team. There is less time spent explaining smaller aspects of the deal and more time looking at the deal on a large scale.” • “The firm provides numerous trainings by internal practice area leaders and external consultants and experts. Career
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  • Fall '16
  • Hugard

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