Insurance Recovery Lit or Transactional

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Anonymous User
Posts: 313469
Joined: Tue Aug 11, 2009 9:32 am

Insurance Recovery Lit or Transactional

Postby Anonymous User » Thu Sep 29, 2016 11:09 am

Hi everyone,

3L conflicted.

Enjoyed doing both insurance recovery litigation and corporate work at my firm last summer and not sure which to choose long term. I know in general litigation limits exit options but it seems like insurance recovery can open the door to easily joining a smaller practice or going solo. Everyone has insurance claims right? Or is transactional still the safer bet.

Thanks.

Anon because NJ firm and easy to figure out based on areas firm excels in.

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tfer2222

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Posts: 374
Joined: Fri Jun 24, 2011 9:20 pm

Re: Insurance Recovery Lit or Transactional

Postby tfer2222 » Thu Sep 29, 2016 11:20 am

Anonymous User wrote:Hi everyone,

3L conflicted.

Enjoyed doing both insurance recovery litigation and corporate work at my firm last summer and not sure which to choose long term. I know in general litigation limits exit options but it seems like insurance recovery can open the door to easily joining a smaller practice or going solo. Everyone has insurance claims right? Or is transactional still the safer bet.

Thanks.

Anon because NJ firm and easy to figure out based on areas firm excels in.


Are they making you choose a practice area now? No flexibility to rotate?

Anonymous User
Posts: 313469
Joined: Tue Aug 11, 2009 9:32 am

Re: Insurance Recovery Lit or Transactional

Postby Anonymous User » Thu Sep 29, 2016 11:24 am

There's "flexibility" but mid level associates told me to specialize as soon as possible. Enjoyed real estate work and could see going into commercial real estate after. -also enjoyed the lawyering aspect and potential solo practice ability of insurance recovery.

tfer2222 wrote:
Anonymous User wrote:Hi everyone,

3L conflicted.

Enjoyed doing both insurance recovery litigation and corporate work at my firm last summer and not sure which to choose long term. I know in general litigation limits exit options but it seems like insurance recovery can open the door to easily joining a smaller practice or going solo. Everyone has insurance claims right? Or is transactional still the safer bet.

Thanks.

Anon because NJ firm and easy to figure out based on areas firm excels in.


Are they making you choose a practice area now? No flexibility to rotate?

User avatar
tfer2222

Bronze
Posts: 374
Joined: Fri Jun 24, 2011 9:20 pm

Re: Insurance Recovery Lit or Transactional

Postby tfer2222 » Thu Sep 29, 2016 11:31 am

I don't know much about litigation so others should chime in, but seeing as you have interests/potential aspirations outside of strictly practicing law, I'd go corporate/real estate. The experience will be much more relevant to far more non-law firm exit options, inside and outside of law. I say start in corp/real estate and if you decide you hate it, switch to lit.

I also hate when I hear firms pressuring people to decide on a practice area right away. How the f are you supposed to know what its really like until you try it as a real associate. I did some general lit/bankruptcy when I started and totally hated it, but very glad I tried them.



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