Why Law Firm Rankings Don’t Matter

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It’s that time of year again—the legal community is abuzz with news that the Vault 2009 law firm rankings are out. In a testament to the thriving, ever-evolving nature of Big Firm life, the list of the top five “most prestigious” firms hasn’t changed one hair over last year’s rankings:

1. Wachtell, Lipton, Rosen & Katz

2. Cravath, Swaine & Moore LLP

3. Sullivan & Cromwell LLP

4. Skadden, Arps, Slate, Meagher & Flom LLP

5. Davis Polk & Wardwell

And to those of you working in firms who didn’t make the top five, don’t despair—as one egalitarian blog pundit recently noted, “the prestige rankings will tell you nothing about the quality of your work experience.” So true. You don’t need Vault to tell you that whether you’re working at Wachtell, Skadden, Cravath or any other “prestigious” megafirm law factory, the quality of your work experience is pretty much guaranteed to rank somewhere between zero and…well, zero.  [Above the Law]

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