I'm referring to bankruptcy specifically. I have no idea what the landscape is like for people coming from other courts.Anonymous User wrote:Do you mean bankruptcy clerks specifically? Or clerks generally? If its late summer for clerks generally (I'm a COA clerk) that's kind of annoying. I have a few offers now but really want to hear back from a few other firms before making a decision. They've been flexible so far but I can't imagine they would wait for me to "hopefully hear" from other firms all the way into the summer, especially the end of summer.Anonymous User wrote:Now, firms generally prefer true laterals rather than clerks because they like candidates to have previous private practice experience. But as things progress they will start dipping further into the clerk pool. Have faith. When I was coming out of my clerkship people didn't start getting offers until summer. Most landed their gigs in late summer.
2018-2019 Post-Clerkship Hiring Forum
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Re: 2018-2019 Post-Clerkship Hiring
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Re: 2018-2019 Post-Clerkship Hiring
Sorry, you're absolutely right and I should have specified - I'm looking for restructuring gigs outside of New York. Just looking at a lot of the job postings online for restructuring associates, NYC definitely does seem like a hot market.Anonymous User wrote: NYC restructuring associate (and former SDNY/DE clerk) checking in. Are you talking about non-NYC markets? If so - yes those places are slow because the market is so consolidated in NYC. Virtually all big bankruptcy business goes to NYC. Further, the restructuring lateral market is on fire in NYC right now - there is a lot of bankruptcy work and everyone is bulking up in anticipation of the coming recession. Lots of firms are hiring.
Now, firms generally prefer true laterals rather than clerks because they like candidates to have previous private practice experience. But as things progress they will start dipping further into the clerk pool. Have faith. When I was coming out of my clerkship people didn't start getting offers until summer. Most landed their gigs in late summer.
That's good to hear that things will open up a bit for restructuring associate positions as the year progresses. I'm not super worried at this point, but it's good to hear from someone who has been through it that there are (possibly) impending openings coming up as the lateral market dries up.
And it's funny, I met with a couple of restructuring partners at a firm I would've really liked to have worked at today who kind of mentioned the same thing regarding wanting true laterals. I was introduced through an alum connection working at another firm, so I got the impression this was never going to be a full fledged interview, but it was quite funny when it got to the point that they mentioned they weren't really looking for someone junior, but that I should keep in touch when I have a few years of firm experience under my belt. It's like, thank you for your time, I'll be sure to check back with you in *looking at watch* three calendar years, lol
If you don't mind my asking, do you see laterals coming from lower ranked/less prestigious restructuring groups to better shops? There's a few firms in my city that I would like to look at due to the type of work that's done, etc., but if a higher ranked firm won't look at a lateral from a V50-ish firm, then I'll have to think a little bit harder about the future (which is to say, think about it at all, as 3+ years of work just to lateral is so beyond my scope of thought at this point, haha).
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Re: 2018-2019 Post-Clerkship Hiring
This is still accurate.Anonymous User wrote:Also waiting on DC. Other than boutiques, it seems extremely and oddly quiet. I've made a list here of all the intel that's been posted on this thread. If anyone has updates or corrections, please add.
BoutiquesBigLaw
- Kellogg: Reportedly done with offers (are we certain of this?)
Robbins Russell: At least one offer
Boies: Sent out some offers
Wilkinson Walsh: Some CB extended, apparently some CBs already doneMajor DC BigLaw with no intel so far
- Gibson: At least one CB, at least one ding
A&P: At least one ding, others reporting silence
Latham: At least two CBs reported, silence also reported
Cleary: CB reported, silence also reported
W&C: Only silence reported so farNot Taking Laterals This Year
- WilmerHale
Kirkland & Ellils
Covington
Hogan
Jones Day
Sidley
S&C
Paul Weiss
Paul Hastings
- Skadden (I was told this via someone in their Chicago office)
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Re: 2018-2019 Post-Clerkship Hiring
It's starting to drive me nuts.Anonymous User wrote:This is still accurate.Anonymous User wrote:Also waiting on DC. Other than boutiques, it seems extremely and oddly quiet. I've made a list here of all the intel that's been posted on this thread. If anyone has updates or corrections, please add.
BoutiquesBigLaw
- Kellogg: Reportedly done with offers (are we certain of this?)
Robbins Russell: At least one offer
Boies: Sent out some offers
Wilkinson Walsh: Some CB extended, apparently some CBs already doneMajor DC BigLaw with no intel so far
- Gibson: At least one CB, at least one ding
A&P: At least one ding, others reporting silence
Latham: At least two CBs reported, silence also reported
Cleary: CB reported, silence also reported
W&C: Only silence reported so farNot Taking Laterals This Year
- WilmerHale
Kirkland & Ellils
Covington
Hogan
Jones Day
Sidley
S&C
Paul Weiss
Paul Hastings
- Skadden (I was told this via someone in their Chicago office)
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Re: 2018-2019 Post-Clerkship Hiring
I thought someone said Wilmer was reaching out.
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Re: 2018-2019 Post-Clerkship Hiring
Yes, Wilmer is reaching out someone on here said. Although only one report of that so far, and that person had top stats. Curious if anyone else who has received an interview offer would be willing to share their general stats?Anonymous User wrote:I thought someone said Wilmer was reaching out.
I anecdotally know of several Latham DC offers and one Gibson DC offer, so the list is out of date as to those two firms.
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Re: 2018-2019 Post-Clerkship Hiring
[quote="Anonymous User"][quote="Anonymous User"]I thought someone said Wilmer was reaching out.[/quote]
Yes, Wilmer is reaching out someone on here said. Although only one report of that so far, and that person had top stats. Curious if anyone else who has received an interview offer would be willing to share their general stats?
I anecdotally know of several Latham DC offers and one Gibson DC offer, so the list is out of date as to those two firms.[/quote]
Sure. What particular info?
Yes, Wilmer is reaching out someone on here said. Although only one report of that so far, and that person had top stats. Curious if anyone else who has received an interview offer would be willing to share their general stats?
I anecdotally know of several Latham DC offers and one Gibson DC offer, so the list is out of date as to those two firms.[/quote]
Sure. What particular info?
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Re: 2018-2019 Post-Clerkship Hiring
School (or, school grouping), approximate grades/class rank, circuit or circuit grouping?Anonymous User wrote:Sure. What particular info?Anonymous User wrote:Yes, Wilmer is reaching out someone on here said. Although only one report of that so far, and that person had top stats. Curious if anyone else who has received an interview offer would be willing to share their general stats?Anonymous User wrote:I thought someone said Wilmer was reaching out.
I anecdotally know of several Latham DC offers and one Gibson DC offer, so the list is out of date as to those two firms.
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Re: 2018-2019 Post-Clerkship Hiring
Likewise.Anonymous User wrote:It's starting to drive me nuts.Anonymous User wrote:This is still accurate.Anonymous User wrote:Also waiting on DC. Other than boutiques, it seems extremely and oddly quiet. I've made a list here of all the intel that's been posted on this thread. If anyone has updates or corrections, please add.
BoutiquesBigLaw
- Kellogg: Reportedly done with offers (are we certain of this?)
Robbins Russell: At least one offer
Boies: Sent out some offers
Wilkinson Walsh: Some CB extended, apparently some CBs already doneMajor DC BigLaw with no intel so far
- Gibson: At least one CB, at least one ding
A&P: At least one ding, others reporting silence
Latham: At least two CBs reported, silence also reported
Cleary: CB reported, silence also reported
W&C: Only silence reported so farNot Taking Laterals This Year
- WilmerHale
Kirkland & Ellils
Covington
Hogan
Jones Day
Sidley
S&C
Paul Weiss
Paul Hastings
- Skadden (I was told this via someone in their Chicago office)
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Re: 2018-2019 Post-Clerkship Hiring
Apologies, misread. No info on Wilmer DC specifically.Anonymous User wrote:School (or, school grouping), approximate grades/class rank, circuit or circuit grouping?Anonymous User wrote:Sure. What particular info?Anonymous User wrote:Yes, Wilmer is reaching out someone on here said. Although only one report of that so far, and that person had top stats. Curious if anyone else who has received an interview offer would be willing to share their general stats?Anonymous User wrote:I thought someone said Wilmer was reaching out.
I anecdotally know of several Latham DC offers and one Gibson DC offer, so the list is out of date as to those two firms.
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Re: 2018-2019 Post-Clerkship Hiring
Interesting distinction to make, but here's hoping.Anonymous User wrote: Yes, Wilmer is reaching out someone on here said. Although only one report of that so far, and that person had top stats. Curious if anyone else who has received an interview offer would be willing to share their general stats?
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Re: 2018-2019 Post-Clerkship Hiring
Any info on anything is good!Anonymous User wrote: Apologies, misread. No info on Wilmer DC specifically.
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Re: 2018-2019 Post-Clerkship Hiring
How would you all compare BSF to S&C? Have open offers from both and no further interviews. Coming off a fed clerkship and obviously want to litigate. Seems like BSF will mean more hands-on responsibility and higher bonuses. But also more hours and harder to take time off, since fewer people to cover? Are exit options better at BSF for government or in-house work?
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Re: 2018-2019 Post-Clerkship Hiring
Well, I just learned in the other thread that BSF (presumably NYC office) has an onsite barista. So that makes the choice obvious.
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Re: 2018-2019 Post-Clerkship Hiring
Boies, no question. Brutal hours for brutally high bonuses vs brutal hours for standard bonuses and less varied work.Anonymous User wrote:How would you all compare BSF to S&C? Have open offers from both and no further interviews. Coming off a fed clerkship and obviously want to litigate. Seems like BSF will mean more hands-on responsibility and higher bonuses. But also more hours and harder to take time off, since fewer people to cover? Are exit options better at BSF for government or in-house work?
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Re: 2018-2019 Post-Clerkship Hiring
How do BSF's bonuses rack up in comparison to other small firms like Susman, Kellogg, or KVN? It is all just depends-on-year and firm performance, so that it's volatile? If so, I can see going with S&C for more stability. Also the "brutal" hours at S&C aren't going to be as "brutal" as BSF.Anonymous User wrote:Boies, no question. Brutal hours for brutally high bonuses vs brutal hours for standard bonuses and less varied work.Anonymous User wrote:How would you all compare BSF to S&C? Have open offers from both and no further interviews. Coming off a fed clerkship and obviously want to litigate. Seems like BSF will mean more hands-on responsibility and higher bonuses. But also more hours and harder to take time off, since fewer people to cover? Are exit options better at BSF for government or in-house work?
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Re: 2018-2019 Post-Clerkship Hiring
BSF is below Susman, I wasn't able to find solid info on Kellogg bonuses (beyond the 175k clerk bonus) I think they are above market but not dramatically so (their base is higher though), KVN pays basically market I believe. BSF probably fluctuates, but I doubt it's ever going to be below S&C, so stability isn't really the proper consideration. I think overall BSF is well above market, and only below a few firms (Susman, WLRK, etc.).Anonymous User wrote:How do BSF's bonuses rack up in comparison to other small firms like Susman, Kellogg, or KVN? It is all just depends-on-year and firm performance, so that it's volatile? If so, I can see going with S&C for more stability. Also the "brutal" hours at S&C aren't going to be as "brutal" as BSF.Anonymous User wrote:Boies, no question. Brutal hours for brutally high bonuses vs brutal hours for standard bonuses and less varied work.Anonymous User wrote:How would you all compare BSF to S&C? Have open offers from both and no further interviews. Coming off a fed clerkship and obviously want to litigate. Seems like BSF will mean more hands-on responsibility and higher bonuses. But also more hours and harder to take time off, since fewer people to cover? Are exit options better at BSF for government or in-house work?
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Re: 2018-2019 Post-Clerkship Hiring
Any more news from DC firms this week?
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Re: 2018-2019 Post-Clerkship Hiring
Source for claim that "BSF is below Susman"? I'm an NYC lawyer and can confirm that, at least in this city, BSF associates' annual bonuses generally beat Susman bonuses, but both firms' annual bonuses are probably close enough to make the difference trivial for someone considering both firms. Susman's clerkship bonuses beat BSF's, which I believe are still at the market level.Auxilio wrote:BSF is below Susman, I wasn't able to find solid info on Kellogg bonuses (beyond the 175k clerk bonus) I think they are above market but not dramatically so (their base is higher though), KVN pays basically market I believe. BSF probably fluctuates, but I doubt it's ever going to be below S&C, so stability isn't really the proper consideration. I think overall BSF is well above market, and only below a few firms (Susman, WLRK, etc.).Anonymous User wrote:How do BSF's bonuses rack up in comparison to other small firms like Susman, Kellogg, or KVN? It is all just depends-on-year and firm performance, so that it's volatile? If so, I can see going with S&C for more stability. Also the "brutal" hours at S&C aren't going to be as "brutal" as BSF.Anonymous User wrote:Boies, no question. Brutal hours for brutally high bonuses vs brutal hours for standard bonuses and less varied work.Anonymous User wrote:How would you all compare BSF to S&C? Have open offers from both and no further interviews. Coming off a fed clerkship and obviously want to litigate. Seems like BSF will mean more hands-on responsibility and higher bonuses. But also more hours and harder to take time off, since fewer people to cover? Are exit options better at BSF for government or in-house work?
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Re: 2018-2019 Post-Clerkship Hiring
Just based on publicly disseminated info alone, Boies was higher than Susman in terms of compensation last year. Susman NYC associates work ~2600+, as do many Boies associates, and I think both shops offered low to mid-six figures for c/o 2017 who hit around those hours.
I interviewed with both shops and have at least two friends who received 200k+ at Boies NYC last year in c/o 2017 and 2016. I think susman is much more stable re crazy comp tho. Boies’s Bonuses seemed more like a “sorry for the bad press’s gift from David IMO than something sustainable. But whonknowsb
I interviewed with both shops and have at least two friends who received 200k+ at Boies NYC last year in c/o 2017 and 2016. I think susman is much more stable re crazy comp tho. Boies’s Bonuses seemed more like a “sorry for the bad press’s gift from David IMO than something sustainable. But whonknowsb
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Re: 2018-2019 Post-Clerkship Hiring
Due to my judge's conflicts / interviewing policy, I was not able to send out applications to the few small firms I am interested in applying to until now. Do you guys think it's too late / pointless to apply to firms like BSF now (for a start date sometime later this year)? I emailed recruiting at BSF to ask this question, but got no response.
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Re: 2018-2019 Post-Clerkship Hiring
Its never pointless to apply to firms. You never know. Don’t let any anonymous users on a random internet site tell you otherwise. Clerk hiring can be idiosyncratic!Anonymous User wrote:Due to my judge's conflicts / interviewing policy, I was not able to send out applications to the few small firms I am interested in applying to until now. Do you guys think it's too late / pointless to apply to firms like BSF now (for a start date sometime later this year)? I emailed recruiting at BSF to ask this question, but got no response.
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Re: 2018-2019 Post-Clerkship Hiring
Got an offer from GDC Dallas today, which is a week and a half after I interviewed.
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Re: 2018-2019 Post-Clerkship Hiring
Any news from Chicago? It seems absolutely barren right now.
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Re: 2018-2019 Post-Clerkship Hiring
I have (actually) bad credentials compared to most of the people on this thread, but I've had callbacks (and a third round) for a small, niche practice area at a V50-ish firm and a more general, commercial lit role at the satellite office of a V75-ish firm that's looking to expand.Anonymous User wrote:Any news from Chicago? It seems absolutely barren right now.
I have been dinged from Jenner (through their generic clerk portal) and Latham (applied to a specific posting). Otherwise, I agree that it is absolutely silent AFAIK. I get the impression that the Kirkland/Skadden/Sidleys of the world are either done hiring or are not looking to add very many clerks this cycle (a problem either way, I guess).
One thing that may be a little controversial to say on here, from my experience thus far, is that you shouldn't necessarily hesitate to reach out to a recruiter. There seem to be quite a few in Chicago who are willing to work with clerks, which isn't always the case, based on what I've read on TLS. Maybe when/if it comes time for a firm to make an offer and whatever bonus they want to offer me is smaller than it otherwise would be, I'll be a little miffed. But, I don't have traditional big law credentials, and even making it this far into the process (with help from recruiters in a couple of instances) has been worthwhile in my book.
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