Anonymous User wrote:How does hiring work? I'm a rising 2L and I just got an interview with them in Texas for a tax associate position in their international tax, transfer pricing, or state & local controversy practices. Seems like a typical 30 minute OCI type interview.
Do they have a summer program like law firms do? Or do they just hire like 1 1/2 years in advance?
Also, does anyone know what's involved in those specific practice areas?
I know nothing about what these firms do and the interview is Monday...
I'm a rising 3L just finishing up my summer with PWC in international tax...
My first thought is, those are 3 really disparate areas.
They will be hiring for a summer internship, which is relatively similar to a law school summer program. You'll get paid hourly, but it's basically the same yearly salary you'd make as an associate divided by 40 hours a week. You'll get OT for 40+ hours also though, which is nice. They generally give fulltime offers to nearly everyone. I think it's 90% plus over all their interns, which includes a bunch of 20-22 y/o undergrads who are prone to do really dumb stuff.
I don't really know much at all about the other two practice areas, but I can speak to international tax. What you'll generally be doing is advising on cross-border transactions and doing other analysis to make sure hedge funds and other (mostly) institutional investors are operating tax-efficiently with regard to withholding tax especially, but also capital gains and interest. In practice, this involves preparation of a lot of powerpoint slides detailing, step by step, but not with too much technical detail, a potential transaction or shift in internal practices to the client.
PWC is big on you keeping up with relevant current events to the area, which is really the only aspect of their interview questions that differs from most biglaw interviews. Be sure that you can at least talk broadly about current issues in the area, and you'll be in very good shape.