Offered a Transactional Position - What to expect?

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Anonymous User
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Offered a Transactional Position - What to expect?

Postby Anonymous User » Sat Sep 21, 2013 5:12 pm

3L here. I was recently offered a position by my firm to be an associate in their Business Transactional Dept. The firm is large NLJP250 firm. Does anyone have any advice as to what work assignments a 1st year Transactional associate should plan on receiving?

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sopranorleone
Posts: 220
Joined: Thu Jun 21, 2012 5:38 pm

Re: Offered a Transactional Position - What to expect?

Postby sopranorleone » Sat Sep 21, 2013 5:20 pm

Anonymous User wrote:Offered a transactional position - what to expect?


Models and bottles.





But seriously, doc review.

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Bronck
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Joined: Fri Jan 27, 2012 1:28 pm

Re: Offered a Transactional Position - What to expect?

Postby Bronck » Sat Sep 21, 2013 5:27 pm

sopranorleone wrote:
Anonymous User wrote:Offered a transactional position - what to expect?


Models and bottles.





But seriously, doc review.


Due diligence brah.

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thesealocust
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Joined: Mon Oct 20, 2008 8:50 pm

Re: Offered a Transactional Position - What to expect?

Postby thesealocust » Sat Sep 21, 2013 6:34 pm

Due diligence, drafting, searching for precedents, turning comments, researching bits of law and/or precedent transactions, conference calls, reviewing financial information, documents filed with the SEC, and auditor work, and endless amounts of organizing, coordinating with specialist lawyers or firms (tax, local counsel, benefits, anti-trust, etc.), harassing your client, the other firm, and the other firm's client for details/reviewing documents/signing things, signature pages, more signature pages, seriously like a fucking crapload of signature pages, logistics, closing binders, contact lists, drafting and reviewing press releases, coordinating SEC filings, camping out at the financial printer, etc.

Eventually, add "negotiating deal details" and "telling somebody junior to you to do all of those things and reviewing the result" to the list.




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