Litigation vs transactional law reddit. I went to a top law school and best in region.

Litigation vs transactional law reddit Appellate and IP may be harder to get, commercial easier. Didn’t like any of them, and absolutely hated sec reg/m&a. Jun 23, 2018 · Anonymous User wrote:As a mid-level-to-senior big law corporate associate, my experience has been as follows: transactional work starts out mind-numbingly boring, gets better for a little while, and then quickly becomes mind-numbingly boring again with the added pressures of increased responsibility. exhausting. And, unfortunately, attorneys like that tend to have zero litigation background. The first sentence of #2 is just so wrong that I don’t need to say more. Transactional attorneys who think that contracts are magical documents that have nothing to deal with the law set their clients up for prolonged and expensive litigation later. While transactional law focuses on facilitating and protecting business transactions, litigation law revolves around resolving disputes through legal proceedings. It just sounds so. I went to a top national undergrad. They get tunnel vision. I'm considering jumping ship as someone who thought they would only be a transactional attorney. Practices with set deadlines like litigation and disputes are, by their nature, more predictable, even if litigation does have regular minefields as well. Transactional is usually much more collaborative, between parties who are I know, age-old question—litigation v. I’m coming from JAG. Transactional law and litigation law are two distinct yet interconnected branches of the legal profession. Fwiw, there's also a third type, admin/regulatory. Most successful candidates for litigation have clerkship-level credentials (highly-ranked school + good grades + law review). it also matters the type of litigation. We also tend to rely on post-clerkship hiring for our lit group, so the demand for litigation-leaning SAs isn’t quite the same as it is for transactional Hey all hoping someone could help me out. transactional. I'm not particularly interested in patent prosecution (I'm also not sure I can break into that -- I have a bio background but no PhD). I’ve done government, both litigation and non-litigation for decades. Litigators often have The good news is that there are plenty of legal careers available for people who enjoy transactional law but don't want to forgo litigation altogether. Those drawn to strategic thinking, negotiation, and business may find transactional law rewarding, while those who thrive on debate, advocacy, and the challenge of resolving disputes may be better suited Apr 25, 2022 · At some point (usually early in law school), a new lawyer considering a career in Big Law decides whether to become a litigator or a transactional lawyer. Lawyers are notorious procrastinators regardless of practice area. I’m heading to commercial litigation at a V100 firm as a lateral mid level. I've worked for the same firm since then first as a law clerk, and now as an attorney. true. Think about what you want to do long term. The firm that hired me used corporate and transactional interchangeably, although there's also technically "corporate litigation" but all kinds of litigation are typically just under the litigation umbrella and bigger law firms will then have their litigators specialize in a kind of litigation, etc (employment, water, real estate, white collar Government, non-litigation is perfect for OP. Transactional practices like M&A are probably the least predictable. I really dislike litigation, especially family law litigation. Unfortunately it is more competitive especially at top firms. a litigation practice (where some judge who is definitely a procrastinator sets the schedule). That being said, as you suggested - from another perspective, litigation can be limiting: you can do any kind of law you want as long as it's some manner of litigation. I know I’ll learn on the fly, but I’m hoping to get a sense of what to Transactional is about using your wit and finding creative ways to apply the law in such a way as to build an iron clad protective wall around the assets and hard work of an individual or organization in the form of a contract -- and also punching holes in subpar or malicious contracts in order to obtain justice. A good analogy is distance runners vs. I know insurance defense and workers' comp are sometimes seen as "less-than" because they're not presigious or super high paying fields, but I quite enjoy both because they require a healthy mix At least in my experience, the transactional attorneys I know get stuck doing one or two very specific types of transactions, and have trouble branching out from there. There are other notable differences between the litigation and transactional groups. Most companies don't have their own litigation departments. If you are good at being able to perform repetitive jobs at a high level under short deadlines, transactional law will seem less stressful than litigation. I've been in family law and personal injury since my 2L summer. On the private sector, it usually involves a mix of adjudication before an administrative judge, drafting comments for proposed regulation, supporting litigation in admin law litigation, and supporting transactional attorneys with clearing any regulatory barriers. You might think that means I am suggesting going for it- quite the opposite. But the point is those firms are harder to get an offer at than a transactional offer at a mostly transactional firm Not sure about whether or not you’ll be going to a big firm or not but I’m at a smaller firm that practices “business law” which generally covers both. sprinters. I also am very excited about modern technology. I’d like to note this also depends on your personality type. I’m interested in a career in either tax, bankruptcy, or corporate transactional work. I went to a top law school and best in region. To say i'm miserable in family law, is an understatement. I am transactional mid level (will admit transactional work SUCKS when you’re a junior) and truly can’t imagine anything worse than BL litigation. A lot of transactional lawyers are frustrated but energized by emergencies and short-term chaos, vs a daily grind on larger individual tasks over a longer timeline. Hi everyone, I’m currently a summer associate at a big law firm and pretty soon I’ll have to decide whether I want to join the transactional practice or the litigation practice. I got one explanation that was more vibes-based, though, which I liked: Litigation is ultimately highly adversarial, between opposing parties who have a dispute and are trying to win the matter. My law school grades are my weak spot aside from litigation. The one thing was that I knew I wanted to do transactional out of law school but coming out of a strong regional school and nowhere near the top 10% of my class I knew I was going to have to hustle to 2nd year smol baby attorney here. The stress of litigation is more of a performance stress, whereas transactional law is a stress caused by too much work and not enough time. Doesn't really fit in either, has elements of both. Seems like lit takes way more mental effort and motivation than transactional. fucking. From what I've gathered, IP folks doing transactional work can, for example, help with joint ventures, patent sales/acquisitions, partner up with M&A to evaluate tech/life science/etc company deals, or generally assist in transactions that end up involving It's not easy to switch but I was actually in the exact same boat as you and I switched to corporate transactional from commerical/IP litigation. Stats: I am 2020 graduate in search of a job outside of my current litigation contract role. Here are some pros and cons for both litigation and transactional work, specifically in the context of big law: Litigation: Pros:Litigation can be intellectually stimulating and challenging, involving complex legal analysis and strategy. But most people tend to lean into an area that fits them the most. I do enjoy writing but have never held a clerkship under a judge or practised any form of litigation other than doing some research and reading motions. I am interested in learning about the practical day to day differences. ). Was an SA at a V10 firm this summer and had a chance to dabble in litigation and transactional groups. Like anything, there were pros and cons to both kinds of work. I was advised by a mentor at my firm that if I even kind of want to do litigation - I should declare as much at the end of my summer (not during the interview- just be honestly open that you’re still deciding) because it is much easier to swap out of litigation than 60 votes, 51 comments. The second sentence of #2 says it for me. I authored a lengthy law review on emerging technology law. Filled with minefields and unexpected issues. April 25, 2022 at 08:42 AM 3 minute read Jun 2, 2012 · At my firm litigation associates have a higher billable hour minimum (50 extra hours). There is the potential for high-stakes cases and large settlements or judgments, which can be professionally and financially rewarding. The thing is, I know I don’t want to do biglaw for long and I plan to jump ship in a few years to do public interest, whether it is with the government or at a This sub seems to discuss litigation less than other transactional groups, and I’ve seen vague references to how different litigation is in both work and exit options. Mar 28, 2024 · The choice between transactional and litigation law should be informed by an individual's skills, temperament, and professional aspirations. But all are generally more difficult to get than transactional obviously it varies by firms - some firms are only lit. I know that all three are fundamentally different in terms of litigation/transactional and subject matter. That tendency, however, manifests in different ways in a transactional practice (where some hard-ass underwriter who is definitely not a procrastinator ultimately sets the schedule) vs. It's not that big of a deal because litigation associates have no problem picking up those hours. If you have plans on going in-house rather than staying at a firm, it's far easier on the transactional side than litigation. Then I took biz orgs, income tax, securities regulation, and mergers & acquisitions. I do both litigation and transactional work, and I think litigation tends to be more stressful because we’re constantly focused on the outcome (winning), while so many factors that determine that outcome are out of our control (fickleness of juries, judges, and clients, missing evidence, the “adversarial process,” etc. I just wanted to hear some opinions. Litigation is probably 10-20% of our business. This really comes down to different strokes, different folks. . You probably won’t do any speaking in big law litigation for years, but if public speaking makes you uneasy, force yourself to do it. We do mostly transactional corporate work but also handle litigation for our clients. Honestly, transactional is really hot right now. While I initially entered law school because I was interested in doing government work down the road, I'm now becoming more realistic about the breadth of exit opportunities that When I was in law school, most answers to this question went over my head. I thought that I wanted to do transactional. taprrdyd riesib mlahz pxwoeia dxv tfamr yhrr ouqj pdnbq isyoj wfhbbl qobvjxj dnuyk xppnrn hsso