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

Partners take the time to mentor young associates and

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Partners take the time to mentor young associates and provide high levels of responsibility early on.” • “Associates seem very well cared for. It seems that partners genuinely want each associate to one day make partner.” • “The firm is transparent if you ask, but you have to ask. Policies are not well-published, but I’ve always received honest answers if I ask. The problem is people may assume everyone is on the same page and are disappointed when it turns out that people were not.” • “The partnership as a whole treats associates with respect and as part of the team. The partners I work with on a daily basis treat associates as peers, and values our opinions.” Hours • “Workload ebbs and flows, but I’m hitting my hours. Face- time is not required for my department, and the work is evenly distributed.” • “Face-time is not important at all.” • “I work a ton, but I’m able to work from home as needed.” • “Face-time is important, but I would be at my office often even if it wasn’t. My work is very evenly distributed. I haven’t really had a slow day yet.” Compensation • “I am personally satisfied with my compensation, but there is no denying that it is relatively low for associates at my experience and performance level. Small market associates start at $155,000, whereas large market associates start at $180,000.” • “Bonus structure changes from year to year without providing associates with a basis for the decisions. This places financial risk on young associates, which negatively affect compensation and bonuses.” • “The firm likes to talk about how it is cracking AmLaw 50, but compensation, especially in smaller markets is well
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© 2017 Vault.com Inc. 594 Vault Guide to the Top 100 Law Firms, 2018 Edition LOCKE LORD LLP below market. The method of calculating what a ‘small market’ is does not make sense.” • “Salary is great and makes up for low bonuses. Bonuses depend entirely on collections against billed hours, which is generally out of the associates’ hands, so not entirely fair.” Quality of Work • “We are given extremely high quality work, able to generally run deals, interface with clients, and handle all aspects of corporate work.” • “I was given very substantive work right away. I also see my work go directly to clients, and also get to interact with clients occasionally.” • “As a first-year associate, my work assignments have been both substantive and challenging.” • “Much more responsibility is given at Locke than at other firms I have worked at.” Training & Mentoring • “Partners have an open door policy and are always willing to provide informal training and mentoring.” • “Mentorship and similar events (business development) have evolved from training and mentoring, to being an additional record-keeping requirement. Training is tracked and attendance required, along with keeping weekly logs of events and attendance at outside-of-firm events.” • “First year associates participate in a training program.”
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  • Fall '16
  • Hugard

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