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Why So Secretive? [Erica Winter] Does a closed door policy at top law firms mean anything to your career? Should it? We explore these questions and more as they relate to the possibilities of advancement for attorneys seeking to rise to the top.
Recently, we set out to write a story profiling
On the other hand, yes, it does matter. If
corporate and banking law. These facts
partners at prestigious New York City law
you are already an associate at one of these
may or may not hold for firms in smaller
firms. We wanted to speak to a few of these
firms, and you are questioning whether you
metropolitan regions with lower profiles; but,
successful attorneys, ask them how they
should move on or stay, whether things will
according to our insiders, they are true for
got where they are today, and what tips they
change for you, whether your firm is different
the vast majority of the major players.
might offer to those of you who want to snare
from all the rest, whether making partner
that coveted associate spot and rise within
will make things different than they are now
“A hundred percent” of your time is the
the ranks to partner.
- then you should read on.
firm’s time says Peter Wilkniss, COO of Law-
We contacted firms. We contacted partners.
We are here to let you know that you are
Authority. Wilkniss graduated from Columbia
There seemed to be interest. It looked like
not crazy, that yes, things really are as they
Law School and was an associate for two
it was going to happen. And then - nothing.
seem, and no, they are not going to change.
years at Wachtell, Lipton, Rose & Katz before
Crossing, BCG Attorney Search, and Legal
deciding the job was not for him. “I had other
Several polite but firm “No’s.” If, knowing this, you decide to stay - good for
things I wanted to do in my life,” he says.
And this leads us to ask: Why? Why wouldn’t
you, forge ahead with your eyes open. And if
If you want to be a successful lawyer at one
a firm be eager to have its partners talk with
you find out that you are not alone and decide
of the top-tier firms, you have to be working
us for about half an hour to tell us about
to move on to smaller and better things, and
all the time. You have to be available to your
what their careers are like, and how they got
go in a different career direction, then that’s
clients twenty-four-seven in order to com-
where they are?
good too.
mand such high fees from them. Also, many
Since the firms aren’t talking, we turned
What we’re doing, overall, is openly talking
deal with - corporate mergers, government
to our own in-house experts to examine
about what these firms want to keep quiet
investigations - actually do require this level
this question, and to see if this closed-door
- no matter how many people already know
of attention, says Wilkniss. You have to be
policy among prestigious firms should be
about it.
there, or be available no matter what time it
of the time-sensitive matters these firms
is or where you are or what is happening in
something that you consider in your career planning.
The “secrets...”
your life.
To answer the last question first (does this
…are actually not secrets at all, they are
And if you are doubting that this is the life
matter to your career?): the answers are yes,
just facts that prestigious law firms do not
you want to live, and you are an associate
and no.
want law students, associates or partners to
at one of these firms or on track to become
think about too much. Since we do want you
one, then you might want to reconsider your
No, it doesn’t matter, because if you are re-
to think about your career, we are laying the
career path. Wilkniss did, deciding to leave
ally on track to becoming an associate at a
cards out on the table so that you at least
Wachtell Lipton in 2000 to help start a soft-
large prestigious law firm, you may know all
know what the game is before you decide
ware company, later moving on to his current
of the upcoming information already, and you
whether or not to keep playing.
position.
probably have decided that it’s ok with you. You get it, you are on your way, you accept
These unspoken facts pertain to top-tier law
the nature of this beast, and you want to be a
firms based in New York, San Francisco and
There is still a deep belief among some firms
part of it anyway.
Los Angeles, almost all of which are doing
and attorneys that law is a profession and not
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