Litigation exit options Forum

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84651846190

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Re: Litigation exit options

Post by 84651846190 » Tue Jun 24, 2014 9:00 pm

dixiecupdrinking wrote:
Biglaw_Associate_V20 wrote:
Desert Fox wrote:
gk101 wrote:The "litigation exit option = government only" is a huge flame.
Of course, nearly all common TLS wisdom on the matter is pure shit. People seem to define "exit option" as exit from private practice.
Okay, but let's be clear about what you are most likely NOT going to be able to do after a few years of litigation:

1) It's HIGHLY unlikely that you'll be able to switch to transactional work.
2) It's unlikely you'll get an in house position where you're doing or overseeing litigation work.
3) Government jobs are few and far between.

That leaves moar biglaw and small firm jobs. There's a wide variety of small firms specializing in litigation. Some are better than biglaw; some are worse. My impression is that almost all small firm jobs pay less than biglaw. You usually work fewer hours, but not as few as in house dorks.

Starting your own firm is almost always harder than people expect it will be. (I have two family members who have done it. They're smart guys but nevertheless struggled mightily, especially when first starting out.)
So this seems identical to transactional options except harder to go in house? It's not like a mid level corp associate can go become an AUSA. Either way you close some doors.
There are like 40 in house jobs for every AUSA job.

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los blancos

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Re: Litigation exit options

Post by los blancos » Mon Oct 27, 2014 3:27 pm

Anonymous User wrote:
Anonymous User wrote:An attorney at my firm doing antitrust told me he's had in house offers on the transactional side but antitrust seems to be a mix of both lit and corp.
I practice antitrust and this has been my experience as well. It offers comparatively good exit options for litigators, because you can mostly litigate as an associate (assuming your firm puts you in litigation matters instead of deals) and then you can play up whatever deal experience you have when trying to go in-house. I've seen a few associates go in-house on the transactional side. The downside is you have to practice antitrust.
I've seen this attitude pop up every now and then. Why do people say this?

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Re: Litigation exit options

Post by Anonymous User » Mon Oct 27, 2014 3:47 pm

09042014 wrote:How flyover? If you are talking about Milwaukee that really really sucks. If you are talking about smalltown Iowa, that's probably as good as that market gets.
Think again. Reputable sole practitioners and partners at established firms in smalltown Iowa generally make 40% - 150%+ more than that ($110k - $205k isn't unheard of). As a matter of fact, I don't really know any "top" firm in smalltown Iowa (top = the go-to firm or #2 for a county seat type of town) where the partners make as low as $80k. Maybe in a VERY rural area somewhere.

Of course, Iowa's economy is pretty solid, and its farmland is worth a lot of money. I suspect in a place like rural Missouri, you could really struggle to make $80k. Then again, you could get by just fine on $60k in places like this.

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XxSpyKEx

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Re: Litigation exit options

Post by XxSpyKEx » Mon Oct 27, 2014 6:32 pm

09042014 wrote:Litigation exit options
:lol:

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Re: Litigation exit options

Post by Hutz_and_Goodman » Sun Aug 23, 2015 7:38 pm

Is it crazy to join a litigation group in biglaw? I find transactional pretty boring, but I also want to be employed after I leave biglaw.

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Desert Fox

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Post by Desert Fox » Sun Aug 23, 2015 7:57 pm

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baal hadad

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Re: Litigation exit options

Post by baal hadad » Sun Aug 23, 2015 9:17 pm

Desert Fox wrote:Two years in and I'm still not sure.

Ironically the only associate I know who couldn't get a decent exit out of it lit was an antitrust bro.
What has people you know exited to

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baal hadad

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Re: Litigation exit options

Post by baal hadad » Sun Aug 23, 2015 10:15 pm

Desert Fox wrote:
baal hadad wrote:
Desert Fox wrote:Two years in and I'm still not sure.

Ironically the only associate I know who couldn't get a decent exit out of it lit was an antitrust bro.
What has people you know exited to
government, clerking, midlaw, other big law, etc.
so basically the usual

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84651846190

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Re: Litigation exit options

Post by 84651846190 » Sun Aug 23, 2015 10:17 pm

baal hadad wrote:
Desert Fox wrote:
baal hadad wrote:
Desert Fox wrote:Two years in and I'm still not sure.

Ironically the only associate I know who couldn't get a decent exit out of it lit was an antitrust bro.
What has people you know exited to
government, clerking, midlaw, other big law, etc.
so basically the usual
Litigation is a big bucket of shit. You can stick your hand in there and feel around for a while to see if anything else is in there, but you'll just end up covered in shit from the elbow down.

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los blancos

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Re: Litigation exit options

Post by los blancos » Sun Aug 23, 2015 10:23 pm

that's why they call it shitigation amirite

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Post by Desert Fox » Sun Aug 23, 2015 10:28 pm

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baal hadad

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Re: Litigation exit options

Post by baal hadad » Sun Aug 23, 2015 10:31 pm

Desert Fox wrote:Transactional seems way worse. Way way worse.

But dem exit ops.
With my propensity to make spelling errors and misplace punctuation I'd get reamed out more than I already do

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dixiecupdrinking

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Re: Litigation exit options

Post by dixiecupdrinking » Sun Aug 23, 2015 10:52 pm

Yeah choosing something you like less because it gives you a wider range of other opportunities you probably also won't like doesn't seem so great to me.

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El Pollito

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Re: Litigation exit options

Post by El Pollito » Mon Aug 24, 2015 1:58 am

i exited to not litigation

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baal hadad

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Re: Litigation exit options

Post by baal hadad » Mon Aug 24, 2015 2:49 am

El Pollito wrote:i exited to not litigation
pretty rad what do you do?

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Re: Litigation exit options

Post by Hutz_and_Goodman » Mon Aug 24, 2015 10:06 am

I think I'm going to pick a lit group bc it seems much more interesting to me than transactional and it seems somewhat crazy to pick a practice area you don't like based on exit ops. But I can't lie, when I see that a lit associate was at my firm last summer is gone, and I google them and do not find anything I do not feel good.

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Johann

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Re: Litigation exit options

Post by Johann » Mon Aug 24, 2015 10:10 am

Hutz_and_Goodman wrote:I think I'm going to pick a lit group bc it seems much more interesting to me than transactional and it seems somewhat crazy to pick a practice area you don't like based on exit ops. But I can't lie, when I see that a lit associate was at my firm last summer is gone, and I google them and do not find anything I do not feel good.
why would they be googleable in house?

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Re: Litigation exit options

Post by DJ JD » Mon Aug 24, 2015 12:10 pm

JohannDeMann wrote:
Hutz_and_Goodman wrote:I think I'm going to pick a lit group bc it seems much more interesting to me than transactional and it seems somewhat crazy to pick a practice area you don't like based on exit ops. But I can't lie, when I see that a lit associate was at my firm last summer is gone, and I google them and do not find anything I do not feel good.
why would they be googleable in house?
I think the assumption is that because he's a lit associate, he probably didn't move in house... The same applies for government though, so either way, you're right.

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Re: Litigation exit options

Post by El Pollito » Mon Aug 24, 2015 12:38 pm

baal hadad wrote:
El Pollito wrote:i exited to not litigation
pretty rad what do you do?
employment, mostly corp, Ks and counseling. a little bit of lit sneaks in sometimes.

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baal hadad

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Re: Litigation exit options

Post by baal hadad » Mon Aug 24, 2015 12:41 pm

El Pollito wrote:
baal hadad wrote:
El Pollito wrote:i exited to not litigation
pretty rad what do you do?
employment, mostly corp, Ks and counseling. a little bit of lit sneaks in sometimes.
That actually sounds pretty cool

Did you have anything special on the resume that helped you land that? 1L jerbs or college deree ro whatever?

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El Pollito

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Re: Litigation exit options

Post by El Pollito » Mon Aug 24, 2015 12:50 pm

baal hadad wrote:
El Pollito wrote:
baal hadad wrote:
El Pollito wrote:i exited to not litigation
pretty rad what do you do?
employment, mostly corp, Ks and counseling. a little bit of lit sneaks in sometimes.
That actually sounds pretty cool

Did you have anything special on the resume that helped you land that? 1L jerbs or college deree ro whatever?
UG degree + LS internship w one of the fed employment agencies

still feeling lucky as hell to have escaped

Seriously? What are you waiting for?

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