Wachtell v Cravath
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Date: October 14th, 2006 1:45 PM Author: Bipolar know-it-all church building feces
I've limited it down to these two in new york. I liked the people and the environment at Cravath a bit more and I think I want to do lit. Should I still go with the big W?
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6787116) |
Date: October 14th, 2006 2:05 PM Author: Sickened heaven
Wachtell sucks because they don't have a lot of recognition outside of NYC, for obvious reasons. So is Cravath, but to a much lesser degree.
Why not go the Davis/Sullivan/Skadden/Simpson route? At least you'll have more opportunities at those firms to get different types of work and not be pigeon-holed for the rest of eternity.
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6787181) |
Date: October 14th, 2006 2:21 PM Author: magenta gaping
Flame.
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6787291) |
Date: October 14th, 2006 4:25 PM Author: Talking Flushed Gay Wizard Locus
Tough choice. I don't think that you get better experience at WLRK. And the hours might be worse, if the rumors are true. Also, WLRK has a ton of M&A lit but not much other lit. But the money is better at WLRK and so are your partnership prospects. If it were me, I think I would choose Cravath, partly because M&A bores me to death. But I might be a little bitter from my WLRK rejection. And honestly, I think I might actually choose DPW over Cravath. People seem happier there.
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6787965) |
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Date: October 14th, 2006 4:43 PM Author: frozen cuck coldplay fan
"Also, WLRK has a ton of M&A lit but not much other lit."
A blatant falsehood that, for some reason, continuously gets repeated on this board.
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6788038) |
Date: October 14th, 2006 4:50 PM Author: apoplectic macaca
cravath barely pays market. if that helps.
of course, they think they can get away with it because of their prestige.
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6788071) |
Date: October 14th, 2006 4:51 PM Author: Curious misanthropic french chef
Some thoughts:
1. Those are two extremely good litigation firms. Neither is more "prestigious" than the other in litigation. Neither will give you significantly different "exit options." Both are Chambers rank 1 for general litigation. Cravath has a bit wider name recognition and doesn't suffer from the misguided but popular misconception that it "only does M&A litigation."
2. They have different practices. Cravath is more focused on commercial litigation, with I believe no white collar practice at all. Wachtell does a lot of M&A litigation and white-collar/regulatory work, though it also does general commercial work.
3. Wachtell pays more.
4. Litigation is more central to the practice at Cravath than at Wachtell, which has advantages.
5. Cravath puts you with one or a few partners for a long time; Wachtell is more free-market. Each has its advantages and disadvantages.
6. Wachtell will rotate you through corporate and litigation for the summer; Cravath will want you to choose. If you're not sure about litigation this may be an advantage to Wachtell; if you are, it may be an advantage to Cravath.
7. These are two of the best litigation firms in the world -- but, honestly, if you have the credentials to get hired at those places, it seems to me worth considering o6ther firms for litigation. That may just be because, to me, New York general commercial & securities litigation seems less interesting than other forms of litigation. If you were choosing between these two firms for corporate that'd make complete sense, but I'm always puzzled why people who want to be litigators look only at V5 firms.
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6788081) |
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Date: October 14th, 2006 5:09 PM Author: frozen cuck coldplay fan
"[I]f you have the credentials to get hired at those places, it seems to me worth considering other firms for litigation."
Like what?
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6788182) |
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Date: October 14th, 2006 5:32 PM Author: magenta gaping
"for some reason" LOL.
There are a lot of extremely good reasons why PW is known as a "litigation firm."
American Lawyer ranked them as best litigation firm in each of the past two years. For starters.
EDIT: "Paul, Weiss is our 2006 Litigation Department of the Year winner because Citigroup is just one of the Fortune 100 companies that have Paul, Weiss to thank for their survival. In case after case since 2004, such clients as Hollinger International Inc., American International Group, Inc., and Merck & Co., Inc., trusted Paul, Weiss's litigators to guide them through the most perilous corporate minefields. And in a time period in which business scandal, complete with criminal and regulatory investigations and tag-along civil suits, dominated headlines, no law firm handled cases with higher stakes than Paul, Weiss-and no law firm was as successful at saving its clients' businesses."
http://www.law.com/jsp/tal/PubArticleTAL.jsp?id=1135850707009
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6788315) |
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Date: October 14th, 2006 8:57 PM Author: magenta gaping
Me, too.
But it sounds awfully uninformed to write, "PW, for some reason, is known as a "litigation firm"."
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6789037) |
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Date: October 15th, 2006 12:47 PM Author: Curious misanthropic french chef
I don't know. Do you want to do massive document productions for years on end? Going to Paul Weiss (or even Boise Schiller, though BSF has a different and possibly more interesting practice) won't solve this. If I loved law, loved litigation, wanted to do an interesting litigation practice, and had the credentials to get WLRK and CSM offers, I would think about going to an appellate firm (DC firms, a few Chicago branch offices in NY), a trial firm (I hear good things about Quinn and K&E in New York), a white-collar firm (Morvillo, etc.), a government job, etc. -- something that specialized in a type of litigation I was interested in. I'm sure some people find document-intensive securities/commercial motion practice interesting, but I suspect a lot of people are going into litigation at V5 firms because they're V5 firms, not because they do the kind of litigation that these people are passionate about.
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6791766) |
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Date: October 14th, 2006 5:15 PM Author: Adulterous idiot sweet tailpipe
RK, any thoughts on going to branch offices of V5 firms?
also, if I wanted to do VC/startup/emerging growth work down the line, would going to a v5-v10 that focuses on large transactions first (to get the resume name/training/exp) be a bad idea? do general corporate/transactional skills carry over, or should i just go to a startup/VC focused firm in the first place?
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6788216) |
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Date: October 14th, 2006 5:19 PM Author: irradiated headpube
If you are choosing between WLRK and Cravath, you most certainly don't need my inferior advice.
I bow to you.
1. Wachtell
1. Cravath
3-100. Everywhere else
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6788235) |
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Date: October 15th, 2006 1:51 PM Author: trip lay trump supporter
"Wachtell will rotate you through corporate and litigation for the summer; Cravath will want you to choose."
Cravath will let you rotate through corporate and litigation. You don't have to choose one or the other. In fact, you can even rotate through tax, estates, or do corporate in their London office.
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6792041) |
Date: October 14th, 2006 5:19 PM Author: vivacious university old irish cottage
Have you considered WKRP in Cincinnati? They can't be beat for feverlaw.
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6788236) |
Date: October 15th, 2006 1:37 PM Author: trip lay trump supporter
Cravath.
Why? Mainly because I will be there next year. Not only will this do wonders Cravath's prestige, but my flawless personality will increase their associate satisfaction scores and the general atmosphere of the entire law firm. You might even get the opportunity to work with me because I'll be doing litigation as well.
HTFH
(http://www.autoadmit.com/thread.php?thread_id=506111&forum_id=2#6791993) |
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