Public Interest/Nonprofit Exit Options for Biglaw M&A Attys

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Anonymous User
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Public Interest/Nonprofit Exit Options for Biglaw M&A Attys

Postby Anonymous User » Wed Dec 17, 2014 7:53 pm

Do these exist? What types of organizations would have these positions? How much experience would you need to transition? People talk about "nonprofit incorporation," but from what I have seen it seems like this is just something that usually involves only outside pro bono counsel. I presume most nonprofit institutional investors would hire fund lawyers, and most nonprofits would litigators, instead of M&A lawyers, correct? Are there any in-house positions for M&A lawyers? If there are, are they exceedingly scarce? If I'm looking to do public interest/nonprofit work, should I just try to start from scratch as a litigator? Is that a terrible move? Any thoughts are appreciated. Thanks.

Feel free to discuss government options (SEC, etc.) as well, but I am mainly thinking about the above.

desertlaw
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Re: Public Interest/Nonprofit Exit Options for Biglaw M&A Attys

Postby desertlaw » Fri Dec 19, 2014 4:20 am

If you like the negotiating/drafting part of M&A and are interested in policy/advocacy, you might like non-profit lobbying at a state level where you draft new legislation and then work with a lot of different parties (legislators, stake-holders in the industry) to close "deals" by essentially passing new laws.

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Re: Public Interest/Nonprofit Exit Options for Biglaw M&A Attys

Postby Anonymous User » Fri Dec 19, 2014 9:33 am

There are very few of these positions, and (in NY at least) they generally go to super high achieving women who want a job that allows them to work 30hrs a week and go to a nice gala or two while having full flexibility to spend time with their kids, with no need to earn money because they are not the primary earner.

Which is a roundabout way of saying that I don't think anyone cares what your legal background is for these, rather, you should be willing to work for damn near free and have a wealthy family that can make calls for you or help fundraise. That's way more important than your skills, as these jobs are quasi ceremonial and there is a huge surplus of incredibly talented semi-retired lawyers to do them.




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