I currently do this to check if one of two elements exists:
if ($(\".element1\").length > 0 || $(\".element2\").length > 0) { //do stuff... }
if ($(".element1").is('*') || $(".element2").is('*')) { // code }
EDIT (per comment) Select elements by multiple classes in one call:
if ($(".element1, .element2").is('*')) { // code }