Transactional Prestige Forum
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Transactional Prestige
How important is a firm's prestige for general transactional law? Specifically in CA?
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Re: Transactional Prestige
I think in one sense that very much depends on your definition or reference point for "prestige." It also depends on your end-goal, i.e. important to what?Anonymous User wrote:How important is a firm's prestige for general transactional law? Specifically in CA?
If you're asking how important is your firm's prestige generally, outside of something like Vault, to your marketability, I would say it can be somewhat important in California, as most places, but probably not the sole determining factor in any hiring scenario down the road. That's probably not helpful but I think that's how the world works.
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Re: Transactional Prestige
Can't say for California but the general consensus I got from in house attorneys is not very. When looking towards exit options firms are such a sweatshop that churn through people that trading "up" so to speak isnt particularly difficult since they need mid-level bodies to replace their departed homegrown ones. And most people aren't looking to go to a bigger sweatshop. As for in house your personal experience is going to be a lot more relevant than your firms vault ranking. Given that most corporate attorneys are doing the same sorts of thing it becomes more about fit and timing at that point. There may be an exception for some companies with large in-house departments that have a pipeline of attorneys from a particular firm.