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Ya, like other guy said Fenwick, WSGR, Cooley, etc don't seem to get many laterals out atm (to firms anyway. If any they go in-house). Unclear why. The firms do have better culture overall but they are majorly understaffed atm with the EC VC boom so hours are high. Maybe it is the culture, maybe it is the lack of non-equity partnership teir, or maybe they think the firms have superior exit ops.
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I think the “tie” issue is a real thing for summers and first years. After than, not so much. We hire a lot of NY refugees in years 3-4, especially in corporate. By that point we know why they are fleeing and expect that if they are going to move at that point they probably are going to come and not want to uproot themselves again.
People seem to be migrating to the Cali based tech firms, as a general trend.
First year who moved from v10 to CA tech firm.. I did it because I want better and quicker exits, and I want to be able to work from home completely when I go in house. I think the tech/biotech spaces have more companies that will be amenable to that than the more old school industries.
Also did it because I wanted to move to a geography much nicer than where I was at before.
I’ve heard these firms have slightly less weekend work. If we’re gonna be crushed with work, might as well do it somewhere where I can get a few more hours in my weekend.
Plus these firms have advertised better WFH hybrid options post Labor Day. I guess it helps that their clients aren’t like certain institutions pushing for lawyers to be in the office all the time *cough cough*
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On the WFH policy issue, my firm is going to 50/50 measured by moth and with no active monitoring. Where on the WFH scale does that policy fit?
I’m semi retired now but did peddle to the metal bet the company trials for 30 years, habitually billing 2,200 hours and working another 600 on nonbillable and pro bono work. When in trial I worked 15 hour or longer days for weeks or months straight, but otherwise I basically worked 730-6 M-F and a half day on either Saturday or Sunday. For me that was survivable. Seems like it’s hard to do that these days.
I lateraled to Wilson Sonsini in Palo Alto recently and have since seen quite a few people come in from New York firms. During offer negotiation it was agreed that I would come into the office 2 days a week and work from home the other 3. In the meantime the firm has announced no one will be required to come into the office in 2021 anyway.
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A5, I’d actually guess not although I don’t know any Wilson lawyers in NY. My firm is based on the east coast and has offices in most major US business centers. The cultural differences between East and west are massive. We get along fine but there really no comparison in personal and office vibes.