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Aspiring Lawyers - Applications & General Advice
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Distinguishing Heavyweight US Firms
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<blockquote data-quote="Lawgirlxo" data-source="post: 9292" data-attributes="member: 191"><p>I went for their open day this November. They are very proud of their:</p><p></p><p>- High yield bond expertise (they virtually monopolise the market on this area, as per a trainee)</p><p></p><p>- they’re also proud of their unique band 1/2 ranking in banking and finance: I believe/think they are the only firm to have a very high ranking in banking and finance, ie across the lender, borrower and sponsor side. Compare this info with the other firms that have a good banking expertise ( Chambers Student)</p><p></p><p>My own thoughts:</p><p></p><p>Their management style is very very unique too, probably the only firm to have a true ‘one firm’ culture: no headquarters, a single profit pool for all locations and the committee led approach. All of this fosters a genuine sense of togetherness which I guess allows for a supportive environment for trainees and associates alike. </p><p></p><p>- they are also very good and proud of selecting the right practice area/industry to invest in. For example, they started their financial regulatory team from scratch and within 2 years, the London office got a very high ranking for their fin regulatory expertise. See:</p><p><a href="https://www.lw.com/mediaCoverage/legal-week-latham-london-finreg-progress-report" target="_blank">https://www.lw.com/mediaCoverage/legal-week-latham-london-finreg-progress-report</a></p></blockquote><p></p>
[QUOTE="Lawgirlxo, post: 9292, member: 191"] I went for their open day this November. They are very proud of their: - High yield bond expertise (they virtually monopolise the market on this area, as per a trainee) - they’re also proud of their unique band 1/2 ranking in banking and finance: I believe/think they are the only firm to have a very high ranking in banking and finance, ie across the lender, borrower and sponsor side. Compare this info with the other firms that have a good banking expertise ( Chambers Student) My own thoughts: Their management style is very very unique too, probably the only firm to have a true ‘one firm’ culture: no headquarters, a single profit pool for all locations and the committee led approach. All of this fosters a genuine sense of togetherness which I guess allows for a supportive environment for trainees and associates alike. - they are also very good and proud of selecting the right practice area/industry to invest in. For example, they started their financial regulatory team from scratch and within 2 years, the London office got a very high ranking for their fin regulatory expertise. See: [URL]https://www.lw.com/mediaCoverage/legal-week-latham-london-finreg-progress-report[/URL] [/QUOTE]
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