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Date Created: 12/21/15
LAWCROSSING FEATURED EMPLOYER OF THE WEEK 1.800.973.1177 Jones Day [Jefferson Byrd] Jones Day bears the distinction of being one of the only Cleveland-based law ﬁrms with a predominant global presence, but the ﬁrm is also distinguished by its stellar corporate practice. Founded in Cleveland in 1893, Jones Day The Chicago and Washington offices oversaw first year at Jones Day, all compensation is is still headquartered in Cleveland, though the $8 billion merger of Chicago’s Unicom merit-based. not in the traditional sense. Since the firm and Pennsylvania’s Peco Energy Company, streamlined its name, dropping the Reavis which created the country’s largest electric Unlike many of its competitors, Jones Day & Pogue that had adorned its masthead company. Building up a formidable antitrust does not discount attorneys without creden- since 1974, the firm’s managing partner has practice, the firm handled antitrust issues tials from a top-tier law school. Candidates stayed in New York City. Despite these recent for the $160 billion merger between AOL and from other schools still have a fighting changes, Jones Day remains a firm steeped Time Warner, and also for AOL’s acquisition chance to secure a position with the firm, in tradition and respectful of its history. of Netscape. although grades are still a crucial factor. The interviewing process is reportedly calm and Jones Day built its reputation through alli- In 2000, Richard Cieri, head of Jones Day’s casual. A prospective associate will engage ances to Cleveland’s manufacturing industry, bankruptcy department, represented health in a series of chats, designed to weed out the still retaining many of those clients today. care giant Allegheny Health’s Chapter 11 arrogant and headstrong. The partners at It wasn’t until the 1980s that Jones Day bankruptcy hearings. He managed to ink a Jones Day want to dispel the notion that their began to expand rapidly to Dallas, New York, deal that allowed the company to retain its firm is too harsh and demanding. As befits a Chicago, and Atlanta. The firm now has more assets. Cieri became the first bankruptcy conservative firm, a strict dress code must than 25 branch offices in London, Paris, lawyer to earn a spot on American Lawyer’s be maintained, although in the Dallas and Madrid, Hong Kong, Beijing, and associate list of the industry’s top ten deal makers. California offices, the rule calls for year- offices in India. Continuing its expansion, Jones Day has also developed a powerful liti- round business casual. New associates to last year Jones Day opened a biotechnology gation department. Taking up several states’ Jones Day are presented with the opportu- and IP practice in Munich; new offices for rights cases, Jones Day undertook the unen- n ity to participate in the impressive training its growing Columbus, Houston, and Atlanta viable task of successfully arguing against programs. branches; and announced plans for a second the Americans With Disabilities Act and the branch in China. Violence Against Women Act on behalf of the Once on board, associates are expected state of Alabama. to put in long hours, though billable hour Representing over half of the companies in requirements vary from office to office. the Fortune 500, Jones Day’s roster of clients The firm’s leadership is concentrated in a Pittsburgh associates might be working 55- reads like a Who’s Who of American busi- managing partner who wields the power of a hour weeks, while attorneys in the Cleveland ness: General Motors, RJR Nabisco, Amazon. CEO. The managing partner has sole discre- office put in 90-hour weeks. com, Eastman Kodak, PepsiCo, Pfizer, and tion on matters pertaining to partnership, even the San Jose Sharks. new offices, compensation and the selec- Jobs tion of his or her successor. This business The firm’s business practice is immense. model has proven successful. The firm ranks Jones Day currently has several openings A survey among Fortune 1000 corporations among the top ten revenue-producing law in its New York, Pittsburgh, and London rated Jones Day first in client service. The firms in the country. Jones Day is worth over offices, including opportunities for experi- firm topped Corporate Board Member’s list $600 million, but they remain tight-lipped e nced litigation and other associates. More of America’s best corporate lawyers, and about finances. Refusing to disclose financial information regarding attorney positions at Thomson Financial ranked Jones Day as information, the firm will not even allow Jones Day can be found in the LawCrossing number one in M&A in 2000, 2001, and 2002. discussions of associate salaries. After the job database. PAGE 1
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