Vault’s 2021 Best Law Firms for Transparency: Munger, Tolles & Olson

Munger, Tolles & Olson was ranked #1 in Vault’s 2021 Best Law Firms for Transparency survey of associates. This result was published on Sept. 15, 2020.

Munger, Tolles & Olson also ranked at the top of Vault’s “Quality of Life” rankings in a number of areas including fourth Best Firms by Region, third in Integration of Laterals & Clerks, third in Selectivity and seventh in Appellate Litigation.

To determine these rankings, associates assess their own firms on a range of workplace issues related to career development, job satisfaction, and quality of life. Vault provides legal industry analysis as well as news and advice about companies, industries and specific professions.

“Transparency is a bedrock tenet of the firm,” Munger Tolles Co-Managing Partner Malcolm Heinicke said. “From your first day as a Munger Tolles attorney, you are treated like an owner of the enterprise. Associates routinely take the lead on a number of firm-wide decisions including building the first law-firm sponsored on-site child care center on the West Coast. We know that our transparency is not only wise in its own right, but that it also plays a key role in our core effort to attract and retain the most dedicated lawyers in the country.”

“We are committed to fostering the development of the best lawyers in the country, and giving every lawyer a voice in key firm decisions – including attorney hiring decisions – helps foster that professional development,” adds Co-Managing Partner Hailyn Chen. “Our open and regular communication about firm finances and decision-making is critical not just to our associates’ growth and development, it’s also a key to professional satisfaction.”

Read more about the ranking here.