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Thursday, Nov 21, 2024

Most Admired Law Firms To Work For: Munger, Tolles & Olson LLP

MTO’s founders were dedicated to the idea of handling businesses’ most complex cases and deals, while also building an egalitarian culture that would enable the firm to attract the best and brightest people. Those differentiators continue to this day, and make MTO one of the most admired places to work. The firm’s clients entrust it with matters of national and international importance, and all of MTO’s professionals take pride in the fact that they are working for the world’s most sophisticated clients on headline-making cases. The firm also has a strong commitment to volunteerism. Attorneys and professionals alike handle meaningful pro bono matters, and on average, annually perform more than 50,000 hours.
 
MTO has extraordinarily low turnover. On the attorney side, many of the firm’s lawyers begin their careers with the firm as summer associates. Countless factors contribute to low employee turnover rates, including MTO’s generous retirement benefits – at a level seldom seen outside of government – and compensation plans, both of which incentivize people to stay at the firm. Every lawyer – even associates – is treated like an owner of the firm. All lawyers vote on how the firm is run. MTO’s culture is “progressive” because transparency is encouraged and democracy governs.

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