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Sunday, May 19, 2024

Leaders of Influence: Most Admired Law Firms 2023 – Munger, Tolles & Olson’s

Custom Content by the Los Angeles Business Journal

MUNGER, TOLLES & OLSON LLP

Munger, Tolles & Olson’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 an admired place to work. The firm’s clients entrust its attorneys with matters of national and international importance, and all of the firm’s professionals take pride in the fact that they’re working for the world’s most sophisticated clients on headline-making cases. The firm also has a strong commitment to voluntarism. Attorneys and professionals alike handle meaningful pro bono matters, and on average, annually perform more than 50,000 hours.

The quality and importance of the firm’s work enables it to be selective in its recruiting, attracting some of the sharpest legal minds and top professionals in the country. A majority of incoming attorneys join after serving judicial clerkships for the Supreme Court and from federal and state courts across the country. The firm has extraordinarily low turnover. On the attorney side, many of the lawyers begin their careers with the firm as summer associates. The firm has generous retirement benefits – at a level seldom seen outside of government – and compensation plans, both of which incentivize people to stay.

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