boies schiller corporate

(On Campus Interviews, Summer Associate positions, Firm Reviews, Tips, ...)
Forum rules
Anonymous Posting

Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.

Failure to follow these rules will get you outed, warned, or banned.
Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

boies schiller corporate

Postby Anonymous User » Thu Aug 09, 2012 7:17 pm

tell me everything you know, please -- about both work and culture. i'm thinking about jumping ship from my v20 sa firm, but only want to do corporate.

User avatar
thesealocust
Posts: 8445
Joined: Mon Oct 20, 2008 8:50 pm

Re: boies schiller corporate

Postby thesealocust » Thu Aug 09, 2012 7:48 pm

It's the world's tiniest corporate group, and if memory serves it's largely run by David Boies' son?

johndhi
Posts: 358
Joined: Sun Sep 27, 2009 11:25 am

Re: boies schiller corporate

Postby johndhi » Thu Aug 09, 2012 8:44 pm

never knew they had one

badaboom61
Posts: 404
Joined: Mon Jun 11, 2012 5:36 pm

Re: boies schiller corporate

Postby badaboom61 » Thu Aug 09, 2012 8:50 pm

Given the pay, might be worth it even if the practice group isn't spectacular

User avatar
Old Gregg
Posts: 5413
Joined: Thu Sep 01, 2011 1:26 pm

Re: boies schiller corporate

Postby Old Gregg » Thu Aug 09, 2012 9:08 pm

badaboom61 wrote:Given the pay, might be worth it even if the practice group isn't spectacular


Pay won't be the same as in lit because you won't bill nearly as many hours to participate in their profit sharing scheme.

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Thu Aug 09, 2012 9:37 pm

Coming from somebody who knows a couple people who did Boies corporate, it's a joke.

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Fri Aug 10, 2012 11:56 am

Fresh Prince wrote:
badaboom61 wrote:Given the pay, might be worth it even if the practice group isn't spectacular


Pay won't be the same as in lit because you won't bill nearly as many hours to participate in their profit sharing scheme.


But they still start at $174k base, which is better than $160k plus bonus at a market firm.

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Fri Aug 10, 2012 2:25 pm

OP here. i'm more interested in exit options over pay. figured it wouldn't be a good idea, but nice to have some confirmation.

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Fri Aug 10, 2012 2:45 pm

Anonymous User wrote:OP here. i'm more interested in exit options over pay. figured it wouldn't be a good idea, but nice to have some confirmation.


I'm the anon above who knows people who worked in Boies Corp. Exit options are pretty bleak.

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Wed Aug 15, 2012 8:39 pm

Are there actually less hours to bill? Does it seem like they are legitimately poised to grow successfully like they hope to?

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Wed Aug 15, 2012 8:42 pm

Anonymous User wrote:Are there actually less hours to bill? Does it seem like they are legitimately poised to grow successfully like they hope to?


Yes. No.

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Tue Sep 18, 2012 1:38 am

There are a lot of misconceptions here. Here's a summary from an insider:

1. Boies Corporate is a small, but high quality New York corporate practice. Fit is extraordinarily important, and the firm as a whole has stringent recruiting standards. So while expansion is a goal, it will not come at a pace that would force the group to sacrifice the quality of its incoming associates or any potential lateral hires.
2. There are distinct pockets of expertise in various areas, but a good amount of the work is from M&A deals, where Boies represents both buyers and sellers including private equity firms and various corporations. Exit options might include going to those groups or moving laterally to other firms. Some former associates ended up at other V20 firms, and some in private equity or business. One kind of deal that the group does not yet do due to size is a mega M&A deal (the kind of deal a firm would need to staff 40 lawyers on). As a result of the size of the group, deals are leanly staffed and young associates are drafting and interacting with clients very early on. Finally, associates feel that there is a legitimate chance to make partner because of the desire of the group to grow.
3. Pay for corporate associates is the same as for litigation associates. The base is above market (174k for first-years) and bonuses are tied directly to the amount of hours billed. The bonuses are usually well above market as well. The one difference is that because corporate does not take the kind of contingency cases that litigation sometimes takes there is not really a chance for entering the profit-sharing scheme.
4. Anecdotally, as far as hours go, the junior associates are kept very, very busy.

I hope this is helpful. No firm is the right fit for everyone, but the corporate group at Boies has great opportunities for candidates who are qualified and willing to jump in and take early responsibility.

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Tue Sep 18, 2012 12:54 pm

Anonymous User wrote:There are a lot of misconceptions here. Here's a summary from an insider:
...
4. Anecdotally, as far as hours go, the junior associates are kept very, very busy.

Can you give us a ballpark? Not sure how long you have been/were an "insider", but do you have a sense of how much this fluctuates? If corporate workflow at V10 firms has been volatile recently, it must impact a smaller corporate group even more. Isn't there a greater risk of going home at 5 every day feeling frustrated that you don't have the chance to earn the big bonus?

What do the junior associates do when there isn't enough work? How often does that happen?

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Tue Sep 18, 2012 7:47 pm

Well, let's just say for at least the last 1-2 years the problem for junior associates lately has been less a lack of hours with which to rack up bonuses and more a lack of free time to spend those bonuses.

As far as fluctuations go, I think because of the lean staffing there may be more overall stability for associates. The partners will have greater and fewer deals depending on various factors, but because there are so few associates to go around and no one is pigeonholed into a particular practice group, associates are kept busy from different partners at different times. Anecdotally, things were certainly slower in the bad old times, but associates are very busy lately.

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Tue Sep 18, 2012 8:39 pm

So are people billing closer to 2100 or 3100 hours per year?

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Wed Sep 19, 2012 10:35 am

Can't speak for everyone, but the average is probably near the middle of your range.

Anonymous User
Posts: 273265
Joined: Tue Aug 11, 2009 9:32 am

Re: boies schiller corporate

Postby Anonymous User » Tue Aug 26, 2014 11:11 pm

Anyone care to provide some more input on BSF corporate? Anything you've learned of them from the grapevine, sitting across them on a deal, from personal contacts who work there now, or from actually working there.

Culture, work experience, potential for growth/advancement, attrition, exit opportunities?

Appreciate all responses.




Return to “Legal Employment”

Who is online

The online users are hidden on this forum.