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What do you say when you are asked Why transactional work?

Posted: Sat Aug 27, 2011 12:55 pm
by Anonymous User
3L going in for an interview. What do you guys say when you are asked why transactional work?

Also, how much do they expect you to know after 1 summer of "work."

Re: What do you say when you are asked Why transactional work?

Posted: Sat Aug 27, 2011 12:56 pm
by Anonymous User
Transactional work is about working to make both parties better off; litigation is almost exactly the opposite.

Re: What do you say when you are asked Why transactional work?

Posted: Sat Aug 27, 2011 1:04 pm
by LoyalRebel
The truth?

Re: What do you say when you are asked Why transactional work?

Posted: Sat Aug 27, 2011 2:31 pm
by traydeuce
Say you're a boring person and want to do boring stuff.

Re: What do you say when you are asked Why transactional work?

Posted: Sat Aug 27, 2011 2:44 pm
by terribleperson
"Aren't you tired of being lied to when you ask that question?"

Re: What do you say when you are asked Why transactional work?

Posted: Sat Aug 27, 2011 2:51 pm
by Anonymous User
Anonymous User wrote:Transactional work is about working to make both parties better off; litigation is almost exactly the opposite.


This, pretty much. Interested in doing collaborative work. It's a chance to emphasize your ability and desire to work on a team. You can work in an anecdote about how you learned that transactional work exists as well (since very few people are familiar with it before working in a corporate environment or going to law school).

Re: What do you say when you are asked Why transactional work?

Posted: Sat Aug 27, 2011 2:56 pm
by Anonymous User
You like getting to know the client's business.

You like the idea of helping the client achieve something (more $$$$) and that it tends to build to something they need more than something they actually want to just get rid of (litigation).

You like getting into the details.

Re: What do you say when you are asked Why transactional work?

Posted: Sat Aug 27, 2011 3:04 pm
by Anonymous User
Anonymous User wrote:You like getting to know the client's business...You like getting into the details.

TITCR

Never say that you just don't want to be a litigator, etc. Even the zero-sum vs. non-zero-sum talk is a bit lacking. For one, it's not too realistic/accurate. Also, they hear that a lot.

Instead, talk about your interest in learning how businesses work. Talk about how M&A, Corporate Finance, etc all play to that interest, and how you would be fascinated by the work.

[Of course it helps if these things are true (they should be), as interviewers can often smell a lie, especially when you're talking about your passions...]