Last week, Vault released the 2024 edition of its closely watched law firm rankings, proving that money — in the form of Cravath’s perennially competitive pay scale — can buy prestige.
But can that money buy happiness?
In a companion ranking to the Vault 100, associates were asked to rank their own law firms based on categories most relevant to their overall quality of life, including satisfaction; firm culture; hours; compensation; quality of work; business outlook; career outlook; associate/partner relations; transparency; formal and informal training; pro bono; and overall diversity.
Fifty firms were ranked for Vault’s 2024 Best Law Firms to Work For survey, which was conducted from January 2023 through March 2023, so we’re getting a bird’s eye view of life at these firms when worries about layoffs are at top of mind and frustration abounds about forced returns to the office. This may be surprising for some, but only one of the firms that made the Top 10 list for being the most prestigious made the Top 10 list for being a best firm to work for.
There was a huge amount of movement in the Top 10 this year. Which firms made the cut? Without any further ado, here are the Top 10 Best Law Firms to Work For based on Vault’s Annual Associate Survey for 2024:
1. Clifford Chance US
2. O’Melveny & Myers
3. McDermott Will & Emery (tie)
3. Morgan Lewis & Bockius (tie)
5. BakerHostetler
6. Orrick
7. Fried Frank
8. Proskauer Rose
9. Dechert
10. Gibson Dunn
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