Have you considered... Delaware?

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DELG
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Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 10:28 am

Image

Don't have a job? Need one? Ask those of us who work in Delaware about exactly which shortcomings and failures to plan could leave you here.

Also, if your client just got sued in Delaware and you need local counsel, this is also the place to complain about protectionist Delaware courts.

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052220152
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Re: Have you considered... Delaware?

Postby 052220152 » Tue Jun 23, 2015 10:43 am

Do you need ties for Delaware

J90
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Re: Have you considered... Delaware?

Postby J90 » Tue Jun 23, 2015 10:44 am

I'm curious about this. What exactly do you do in Delaware?

How is the bankruptcy and transactional work? In what ways is that work different from what you might be doing in New York - do you handle certain niche issues, or anything else?

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minnbills
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Re: Have you considered... Delaware?

Postby minnbills » Tue Jun 23, 2015 10:46 am

Ditto the bankruptcy question. Going to apply for bankr clerkships out there in the next year.

QOL?

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DELG
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Re: Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 10:47 am

Jim Jones wrote:Do you need ties for Delaware

Common misconception. All you need is an intense interest in Chancery/bankruptcy/corporate law. Desperate need to do Delaware opinions will take you far.

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DELG
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Re: Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 10:52 am

J90 wrote:I'm curious about this. What exactly do you do in Delaware?


Chancery litigation (especially representing directors when they get sued), deals, Delaware opinions, local counsel work.

How is the bankruptcy


Local counsel on huge cases, lead on small ones, busy jurisdiction so the work is steady enough. For the big cases, at the junior and mid level, you're often doing the same work alongside a larger law firm.

and transactional work?


Lots of work doing the Delaware piece of a bigger transaction.

In what ways is that work different from what you might be doing in New York - do you handle certain niche issues, or anything else?


Often, it's the exact same work, that you're doing alongside NY counsel. Other times, it's specifically Delawarean, like a Delaware LLC or non-consolidation or authority to file or true sale opinion.

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DELG
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Re: Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 10:52 am

minnbills wrote:QOL?


"...lots of people commute from Philly!"

- Official recruiting answer to this question

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smaug
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Re: Have you considered... Delaware?

Postby smaug » Tue Jun 23, 2015 10:53 am

what do people exit to?

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minnbills
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Re: Have you considered... Delaware?

Postby minnbills » Tue Jun 23, 2015 10:54 am

Thanks

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DELG
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Re: Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 10:56 am

Jason Taverner wrote:what do people exit to?

Here's what I have seen:

1) V100s in other markets
2) Partner or counsel at smaller Wilmington firms
3) In-house to Wilmington offices of bigger businesses or Wilmington businesses
4) Associate forever

Also, Delaware firms make more counsels and partners than their NY counterparts, as is pretty apparent by the numbers.

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mickey0004
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Re: Have you considered... Delaware?

Postby mickey0004 » Tue Jun 23, 2015 11:04 am

What are the hours like? Better than your NYC counterparts?

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052220152
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Re: Have you considered... Delaware?

Postby 052220152 » Tue Jun 23, 2015 11:09 am

What's the pay

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bulinus
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Re: Have you considered... Delaware?

Postby bulinus » Tue Jun 23, 2015 11:10 am

DELG wrote:
minnbills wrote:QOL?


"...lots of people commute from Philly!"

- Official recruiting answer to this question


Do people really do this?

Is Strine that funny in person?

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DELG
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Re: Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 11:14 am

mickey0004 wrote:What are the hours like? Better than your NYC counterparts?

Depends which firm but generally, better, and sometimes significantly better. I would say more like DC than NY.

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DELG
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Re: Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 11:15 am

Jim Jones wrote:What's the pay

One of $120k, $145k, or $160k + NY bonuses, depending on the firm. Except for NY-paying firms, more compressed scale (10% raise a year typically).

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DELG
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Re: Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 11:16 am

bulinus wrote:
DELG wrote:
minnbills wrote:QOL?


"...lots of people commute from Philly!"

- Official recruiting answer to this question


Do people really do this?

Is Strine that funny in person?


Yes to both.

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anyriotgirl
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Re: Have you considered... Delaware?

Postby anyriotgirl » Tue Jun 23, 2015 11:27 am

What kind of grades?

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DELG
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Re: Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 11:28 am

anyriotgirl wrote:What kind of grades?

PM me and we'll talk about where is realistic

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DELG
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Re: Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 11:31 am

Also, the DE AG is well-respected and pays actually pretty damn well for local gov't

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mickey0004
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Re: Have you considered... Delaware?

Postby mickey0004 » Tue Jun 23, 2015 11:33 am

DELG wrote:
mickey0004 wrote:What are the hours like? Better than your NYC counterparts?

Depends which firm but generally, better, and sometimes significantly better. I would say more like DC than NY.


care to elaborate which firms are lifestyle firms and which ones work you to death?

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DELG
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Re: Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 11:35 am

mickey0004 wrote:
DELG wrote:
mickey0004 wrote:What are the hours like? Better than your NYC counterparts?

Depends which firm but generally, better, and sometimes significantly better. I would say more like DC than NY.


care to elaborate which firms are lifestyle firms and which ones work you to death?

Skadden, Ross Aronstam, and Grant & Eisenhofer are all places where you'll want to keep contact solution in your desk.

Potter is supposed to be the chillest.

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xael
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Re: Have you considered... Delaware?

Postby xael » Tue Jun 23, 2015 11:59 am

are you happ(ier) there?

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AreJay711
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Re: Have you considered... Delaware?

Postby AreJay711 » Tue Jun 23, 2015 12:03 pm

I'd probably have to take the DE bar before applying post-clerkship, right?

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DELG
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Re: Have you considered... Delaware?

Postby DELG » Tue Jun 23, 2015 12:04 pm

xael wrote:are you happ(ier) there?

There are some major advantages and major disadvantages to practicing/living in Delaware. I think to be happy here, you have to value money and this particular kind of practice highly, and not value stuff like living in a real city. Wilmington is not a safe city, and the downtown is pretty grim. Wilmington also shares a lot of problems with other rust belt cities. The Wire reboot could easily be filmed here today.

J90
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Re: Have you considered... Delaware?

Postby J90 » Tue Jun 23, 2015 12:05 pm

That's awesome. Curious about the exits. How many people have you seen leave Delaware (for NY, or CA, or anywhere), and any examples of places they've gone?




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