Great for young associates, stable job, but typical Big Law minus the long-term upside
Pros
More sustainable business model than most big law firms -- top rated legal services for both transactional & litigation, but lower billable rates than most big law. Great job for a young attorney -- great experience and junior associate salary is the best in Raleigh, but there are no bonuses and very nominal raises as the years pass. There are some great people, and the firm has generous family leave and very flexible part-time opportunities on a case-by-case basis.
Cons
Typical big law firm terrible work/life balance, but too top heavy and too much partnership overhead expenses to have the opportunity for big law firm financial upside, even for partners. Management and compensation decisions are made by votes of all the partners, and since the firm is so top heavy, it's incredibility political, which causes inefficiency and cumbersome management decisions that are not always in the best interest of the firm as a company.