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

International experience the atmosphere opportunities

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• “International experience” • “The atmosphere” • “Opportunities for early experience” DOWNERS • “Lack of NY market recognition” • “Mentoring is quite informal” • “IT system”
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Vault Guide to the Top 100 Law Firms, 2018 Edition ALLEN & OVERY LLP © 2017 Vault.com Inc. 372 THE STATS No. of attorneys: 2,700 No. of offices: 44 Managing Partner: David Krischer, Managing Partner, Americas Hiring Partners: Erwin Dweck, Laura Hall, Yaakov Sheinfeld (New York Hiring Partners); Charles Borden (DC Hiring Partner); Jeff Hendrickson, Matthias Baudisch (London Hiring Partners), Amit Singh, Alexander Stathopoulos, Ken Abound (Hong Kong and Singapore Hiring Partners) NOTABLE PERKS • “Secondments to other offices around the world are available after your second year, which seems fairly unique given how global the firm is.” SURVEY SNAPSHOT Among our survey respondents at Allen & Overy: • 73% were junior associates, 15% were mid-level associates , and 8% were senior associates (4% identified as non-partner track attorney or “other”). • 70% were former summer associates and 25% were hired as lateral associates . 44% plan to make partner, 22% plan to move in-house, and 6% plan to lateral to another firm. • Duke, NYU, UVA, and Northwestern were the most represented schools. BASE SALARY (2017) New York, NY 1st year: $180,000 2nd year: $190,000 3rd year: $210,000 4th year: $235,000 5th year: $260,000 6th year: $280,000 7th year: $300,000 8th year: $315,000 Summer associate: $3,462/week EMPLOYMENT CONTACT Erin Manna Senior Coordinator, US Lateral & Staff Recruitment (212) 610-6300 [email protected]
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373 Vault Guide to the Top 100 Law Firms, 2018 Edition ALLEN & OVERY LLP THE SCOOP Allen & Overy stands as not only one of the U.K.’s most prestigious law firms—a pillar of the vaunted Magic Circle—but one of the largest firms in the world in terms of revenue. From two U.S. locations in New York and Washington, DC—and 155 U.S.-based attorneys—the firm continues to make its imprint on the American map, handling such matters as Nasdaq’s audacious bid for the London Stock Exchange. A Convenient Abdication Founders George Allen and Thomas Overy left a firm called Roney & Co. to open shop in London in 1930 and build a commercial practice. They brought along their Roney client lists and managed to drum up enough business to stay afloat, even though Europe was still recovering from World War I and the United States was plunging into the Great Depression. It was Allen’s representation of King Edward VIII during his 1936 abdication to marry American Wallis Simpson that really made the firm’s name (at the time, no scandal was bigger). The firm grew in the post-WWII years, but its leaders soon made their exits: Allen retired in 1953, and Overy developed health problems that forced him to stop working in 1960. By then, the firm they’d built had become one of London’s most prominent legal shops.
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