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"post_content": "Help me understand. It seems like many of the midlaw firms paying $120-$150 starting require 1900-2000 in billables per year. Isn’t that the same requirement you’d find at H&K or Foley? Why work at the midlaw firms if so?",
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It is the same requirement, but the expectations differ drastically. I’m at a medium sized firm and the billable requirement is 1800, and while I work more like 1900-2000, I do not get calls on the weekend and am not expected to work all night and weekend when a case is hot. Vacations are also encouraged. I know some medium sized firms do have crazy expectations though in which I’d agree with you then haha.
Rising Star
(1) Some people can’t get jobs at the top tier biglaw shops;
(2) Partnership prospects are considerably better at other firms.
(3) As stated above, a firm’s requirement is not the same as its expectation. And expectations are NOT the same between the biglaw firms are the midlaw shops. You can generally expect a lot less sleep and a lot more stress if you go to a global biglaw firm.
To counter A1, I’m at a biglaw firm and am occasionally expected to work all night, weekends, etc. Also, as you get older and want to build a book, it can be very difficult to sell prospective clients with biglaw rates.
I completely agree with point 2. I was at a big firm in Tampa before that did not pay market, and it was still VERY difficult to make partner (not a chance if you did not live and breathe working and not a chance for a WLB balance). IMO it is not worth being at any big firm that does not pay the new market scale. In Tampa I think it would only be worth working at HK or Foley, since at least they compensate you fairly for the hours you’re putting in. Especially with all of all of the big firms that do not pay associates particularly well for the crazy hours in Tampa (Akerman, GT, Squire, etc.). Miami has way more options though, and is becoming a huge big law market.