The American Lawyer midlevel associate rankings show the ‘most satisfying’ law firms to work for . . but law firm jobs satisfaction was just one factor that featured
The latest American Lawyer midlevel associate rankings have McDermott Will & Emory taking the top spot in the rankings, completed by 3700 mid-level associates – being associates in the 3-5th year.
The associates were asked in the survey to rate their law firm on a scale of 1 to 5 (5 being top), based on compensation and benefits, training and guidance, partnership relationship, interest in and satisfaction with work and satisfaction with the firm’s policy on billing and overall openness to alter strategy – and of course partnership chances.
McDermott’s ranking jumped from its 2020 position at No. 29, according to the story published by the American Lawyer.
The top 10 rankings went to:
1. McDermott Will & Emery
2. Orrick, Herrington & Sutcliffe
3. O’Melveny & Myers
4. Baker & Hostetler
5. Morgan, Lewis & Bockius
6. Ropes & Gray
7. Goulston & Storrs
8. Gibson, Dunn & Crutcher
9. Latham & Watkins
10. Eversheds Sutherland
Overall, midlevel associates gave their law firms lower ratings in 2021 than the previous year with the average score for the firms down from 4.32 in 2020 to 4.26 in 2021.
What The Law Associates Want
Among the additional law firm associate survey findings:
• About 78 per cent of associates said in the survey that they would prefer a hybrid work schedule that does not require them to be in the office full time. Associates ranked firms an average of 4.23 for their ability to support remote work, which was up from last year’s 3.85.
• Work-life balance is a key influential factor that would prompt a move to another firm with sixty per cent of associates said they would consider leaving their firm for better work-life balance, compared to only 27 per cent who said it was more money that would prompt them to leave.
• The associates generally gave their law firms high rankings for communication and transparency during the pandemic, although that key factor apparently is on the decline. Last year, during the pandemic, firms were rated 4.3 on average for management transparency, compared to 4.13 this year.
What Does the KPMG Scandal Means for Law Firms and Internal Investigations
KPMG’s escalating governance crisis is now exposing not only the firm’s leadership, but also the…
Axinn’s Boutique Offers $25,000 Bonuses While BigLaw Plays Catch-Up
BigLaw Pay vs Boutique Pay Scale Sonia Hickey The boutiques are once again teaching BigLaw…
Why Evidence Matters So Much After a Bicycle Crash
Article source: Abels and Annes PC Imagine pedaling down a familiar city street on a…
AI Law Firm Scores UK Courtroom First
Tom Borman, LawFuel contributing editor An AI-only law firm, Garfield, has just notched up what…
The ‘Year Zero’ Pivot That Tripled This Law Firm’s Revenue
Skadden Hires Former Akin Lawyers to Boost Investment Management Group
Skadden has recruited three senior investment management lawyers, two to be based in Abu Dhabi…