Above the Law has this post about the most “prestigious” law firms, in 1998, 2008, and 2015. (The notion of law firms as “prestigious,” by the way, is an amusing example of lawyers’ blinkered worldview. Outside the legal community, who cares if you are working for a law firm that is considered “prestigious”? Yet countless thousands of lawyers toil away in these billable hour factories, consoling themselves with the idea that, while they have no actual lives to speak of, at least they are sacrificing their life force to a firm that is “prestigious.” Anyway.)
There was one paragraph that captured my attention:
Comparing the 1998 rankings to the 2015 rankings, Cravath and Wachtell swapped places, and there was some minor shuffling among the usual top 7. But the #8 firm in 1998, Shearman & Sterling, is all the way down at #28 in the 2015 rankings. What happened, Shearman?
What happened? Why, they lost Patterico! That’s what.