Leaving Biglaw for smaller firms no longer necessitates a pay cut, with many offering equal or higher salaries. This shift has led to an increase in law students and young lawyers opting for careers at smaller firms. Vault's Top 150 Under 150 ranking identifies outstanding small and midsize law firms that are recognized for their significant results. The ranking process involves evaluating firms based on prestige, quality of life, growth opportunities, and extensive research from various legal sources.
Going to a smaller firm no longer requires taking a smaller paycheck. Many small, boutique, and midsize firms pay the same or more than Biglaw.
A growing number of talented law students and young lawyers are choosing to start their careers at smaller firms, bypassing Biglaw completely.
Vault's Top 150 Under 150 ranking recognizes outstanding small and midsize law firms that deliver significant results and opportunities.
The methodology for the Top 150 Under 150 evaluated firms based on prestige, quality of life, and professional growth opportunities from various sources.
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