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

Partners seem to respect the associates as a whole in

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• “Partners seem to respect the associates as a whole in my department. The partnership is generally relatively young and dynamic, and so I think that it helps that they are not that many years removed from their own associate experience and can still relate. The evaluation process that starts when one is a midlevel is byzantine, though. A committee of partners across the firm read a midlevel associate’s evaluations and one partner (who will not be from your own department) gives the actual review.” • “Transparency needs improvement, but it has improved over the course of the past five years. Associate/partner relations at the firm on the whole are great—a lot of mutual respect.” • “The firm is taking great strides to increase transparency, however, those efforts do not exist in relation to promotion to partnership.” Hours • “Face-time is encouraged, but not required. It is easy to work at home when needed. Partners do seem to favor certain associates.” • “The partners with whom I work generally do not care about face-time and are comfortable with associates working from home. In addition, there is a fair amount of cross-office work, and so it does not really matter where you are sitting while doing it. The work is pretty evenly distributed in my department, but I think that a 2050 hours requirement (in addition to the expectation that associates will do 500 to 700 hours of non-billable ‘client development/practice development/ professional leadership’ work, is somewhat ridiculous.” • “I have the right amount of work; however, it does not appear to be evenly distributed.” • “Work ebbs and flows pretty significantly—so there is always stress about not having enough hours or having too many with very little balance. The firm has yet to fully embrace flexibility when it comes to being in the office and working remotely.” Compensation • “Compensation is market but associates are expected to contribute their own money to attend conferences, take clients out, and make donations in the name of the firm.” • “Only issue with compensation is that the bonus process is not discussed or explained to associates.” • “We are compensated at the top of the market. However, our firm tops the market in terms of profits per partner, and partners at many firms headquartered in the New York and D.C. would be thrilled with that level of income. Despite that, associate compensation lags behind other markets. It’s especially disheartening to see associates in Texas, where the cost of living is comparable, being paid at New York/D.C. levels while we are left doing the same work and billing the same hours for less pay.” • “The firm matches market rate.” Quality of Work • “This is team-dependent, but on my team I do substantive legal work appropriate for my level and work that a more senior associate would typically do. Due to our large staff of paralegals, project assistants, and staff attorneys, even
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  • Fall '16
  • Hugard

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