How Exactly Are Law Firms Ranked?
In our previous blog post, we explored exactly how law firms are ranked. While we answered that question, we uncovered another one in the process.
What exactly do law firm rankings mean?
Do they mean anything to either a client or a person seeking long-term employment as an attorney? This blog post will address why law firm rankings matter and how they could benefit you, from the perspective of either a client or an aspiring attorney.
Some people debate the usefulness and practicality of law firm rankings. The American Bar Association generally does not see law firm rankings as harmful to the legal market as a whole. In an article featured on Vault.com, Matt Moody examines some specific arguments for and against these rankings.
In reviewing a video with law firm consultant Bruce MacEwen, Moody grapples first with an argument against rankings. Moody reports that MacEwen insists that law firm rankings are arbitrary because it leads people into thinking that “all [these] firms are the same” when they tend to have their own culture, policies, and more.
In contrast, in her video, The American Lawyer Editor-in-Chief Kimberly Klemens disagrees. She asserts that rankings have value because law firms, like other items that might be different, can still be compared. She insists that even things that appear to be different can be compared according to similarities.
Ultimately, Moody agrees with Klemens. If law firms were not compared, after all, those firms would not be able to progress to be competitive to a limited pool of clients, and those clients would not have the resources necessary to make an informed decision when seeking legal counsel. Vault.com also publishes its own law firm rankings. These rankings measure fairly broad but useful criteria: prestige, quality of life, and diversity.
Law firm rankings can be useful, but you have to understand why you’re looking at them and what you hope to gain from them. It’s not ideal to cling to the rankings to the point that you cannot come to an informed decision, using your own critical thinking skills and personal career goals as a guide.
Like anything else, law firm rankings comprise a single tool—and to build anything meaningful, you’ll need to utilize several tools, along with a heavy dose of self-evaluation.
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Are you a wondering how law firm rankings should influence your search? Do you have a preference for a certain type of law firm work environment? Would you like some help in working through these tips? If so, contact a career counselor with Lexacount Search’s Career Consulting Services.
Or if you’re seeking new opportunities, learn more about open legal industry positions with a search consultant from Lexacount Search’s Legal Group.