Munger, Tolles & Olson LLP

Our Survey Says

VAULT'S VERDICT:

When hiring, Munger, Tolles & Olson looks for the best of the best, valuing grades, academic pedigree, and clerkship experience. Interviewers ask standardized behavioral questions to ensure an objective process. The firm is friendly, collegial, tight-knit, and intellectually curious. Lawyers interact socially at regular office lunches. The hierarchy among partners, associates, and support staff is relatively flat, creating an egalitarian atmosphere. Associates attend Firm Management Committee meetings for updates on firm performance and financials, with most big decisions made in firmwide meetings that include associates. Junior associates can expect client contact, which varies by project, as well as substantive assignments and trial opportunities. Most learning is acquired on the job, although NITA and CLE opportunities are offered, and new associates complete onboarding training and receive assigned junior and senior mentors. Associates earn lockstep market salaries, and to receive a full-market bonus, they must meet the billable target of 2,000 hours per year, although they may receive prorated bonuses if they fall short. Pro bono hours count toward this target with no cap. The clerkship bonus is above-market. Technology at the firm enables attorneys to get the job done both in and out of the office. Promotion to partnership is realistic and follows a transparent pathway, and counsel roles are available. Exiting attorneys typically move to in-house or government roles. Perks include a wellness concierge, paid travel to retreats and the firm holiday party, and flexible hours arrangements.