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Category: Law

The 2015 Vault Law 100 Rankings Are Here!

Wachtell wins again. For the twelfth consecutive year, Wachtell, Lipton, Rosen & Katz has taken the top spot in the latest edition of the Vault Law 100 Rankings for 2015, but not without a little competition from the former front-runner. Earlier this year, we surveyed nearly 17,000 law firm associates and asked them to rate law firms on a scale of 1 to 10 based on prestige. Read More >

Coming Soon - Vault's Law 100 Rankings

Move over World Cup, the real competition has been waging all year, and the results are in (almost)!  Next week, Vault will release its rankings for the Top 100 Law Firms! This year, nearly 17,000 law associates rated law firms on a scale of 1 to 10 based on prestige. (Associates were not allowed to rate their own firms, and were asked only to rate firms with which they were familiar.) Will Wachtell be able to hold on to the No. 1 spot? Who was knocked out of the Top 100? Who's back in? Read More >

Law Students School ICE

With law school enrollment declining and professors and Supreme Court justices battling over whether law school should be reduced from three to two years, it can be easy to forget some of the positive substantive work upper-year law students perform. Recently, students enrolled in the Workers & Immigration Rights Advocacy Clinic of Yale Law School in conjunction with the American Civil Liberties Union Immigrants' Rights Project won a victory for detained undocumented persons. Read More >

Check out Vault's Guide to Legal Practice Areas!

What does a day in the life of a bankruptcy lawyer look like? What classes should an aspiring real estate attorney take? What does "clean tech" law really mean? Unfortunately, a traditional law school curriculum doesn't do much to help students figure out what it's really like to practice in different areas of the law. Read More >

The Return of the Electric Chair, Firing Squad and Gas Chamber

While the use and public approval of the death penalty has declined, and many prestigious law firms take on death row inmates as pro bono clients, some states are looking for a work around to continue executing inmates despite the recent shortage of the drugs used in lethal injections. Read More >

Do T14 Law Schools Produce Better Associates?

Not necessarily, according to associates who took Vault's annual law firm associate survey. Vault administered the survey earlier this year, and we are working hard to analyze responses from thousands of associates at over 120 firms to generate our 2015 rankings, to be released next month. In the meantime, here's a sneak peek of some of the gems we have collected from lawyers around the country about what it's really like to work in BigLaw. Read More >

What is Litigation Funding? Can it Work for You?

The high cost of litigation has often been lamented as the both the cause of strike suits filed with the intent to force defendants to settle and as a barrier preventing plaintiffs from pursuing meritorious claims. Litigation funding is unique new way to potentially resolve this problem. Essentially, a third party finances the litigation and receives a portion of the winnings, if any, in return. Read More >

Which Law Firms are Cashing in on the Donald Sterling Scandal?

If you turned on a TV, opened a newspaper or used the Internet this past week, you probably heard about the latest scandal in the NBA. A recording of Los Angeles Clippers owner Donald Sterling making racist remarks to his (then ?) girlfriend was leaked to celebrity gossip website TMZ and subsequently blasted across all media outlets. Advertisers started dropping their sponsorship of the team faster than John Wall and there were rumblings of fan protests. Read More >

Who's Burning the Midnight Oil for Pfizer?

Following last week's flurry of pharma deal activity, on Monday Pfizer announced its intention to acquire British drug maker and serious competitor AstraZeneca. The potential $100 billion dollar acquisition would be one of the largest pharma deals in history, topping Pfizer's $90 billion purchase of Warner-Lambert in 2000. Among other reasons (such as the tax benefits of doing business outside the U.S.) AstraZeneca's vast portfolio of cancer drugs makes it an attractive purchase. Read More >

Congrats to the 2014 Top Ten Family Friendly Firms

Vault is pleased to recognize the 2014 Top 10 Family Friendly Firms as determined by Yale Law Women. Yale Law Women's Top Ten Family Friendly Firms Initiative surveys the policies of law firms ranking in Vault's Top 100. The survey evaluates factors such as the billiable hour requirement, part-time and flex-time options, parental leave policies and child care availability. The survey looks at law firm policies and their utilization by both male and female attorneys. Read More >

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