It was suggested in one of the other threads that transactional lawyers have a higher likelihood of securing an in-house position than those leaving litigation. Is this true?
Also, which post-firm jobs are more litigation oriented? Which are more transaction oriented?
Litigation vs. Transactional Exit Options Forum
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Anonymous User
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anon168
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Re: Litigation vs. Transactional Exit Options
Yes.Anonymous User wrote:It was suggested in one of the other threads that transactional lawyers have a higher likelihood of securing an in-house position than those leaving litigation. Is this true?
Most in-house openings at corporations will not want litigators. Likely exit options for biglaw litigators are public sector (government) or working for a document management firm providing litigation services.Anonymous User wrote:Also, which post-firm jobs are more litigation oriented? Which are more transaction oriented?
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rad lulz
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Re: Litigation vs. Transactional Exit Options
Lit boutiques, other large firms. Also I read somewhere like 1/3 of in-house positions are litigation type ones. Also govt.
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letsdoit
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Re: Litigation vs. Transactional Exit Options
TITCR. The Fortune 500 company I'm working in house this summer for has a whole lit department...about 15-20 attorneys.rad lulz wrote:Lit boutiques, other large firms. Also I read somewhere like 1/3 of in-house positions are litigation type ones. Also govt.
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rayiner
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Re: Litigation vs. Transactional Exit Options
It's not really so much that all the in-house positions are corporate, it's that there are way more litigation associates out there than corporate ones. 1/3 of in house jobs are lit, but maybe 2/3 all big law attorneys are lit.
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Kochel
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Re: Litigation vs. Transactional Exit Options
Also, the in-house litigators are concentrated in certain industries--insurance, manufacturing, etc.--where companies tend to have high litigation activity. In other industries--much of financial services, for example--the ratio of litigators to corporate lawyers is much smaller than 1:2. More like 1:10.
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Anonymous User
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Re: Litigation vs. Transactional Exit Options
Transactional attorneys work more with large companies and in-house attorneys. When you build those relations, in-house is an easy move.
Litigators, on the other hand, are often one-and-done -- when the case is over, so is your relationship with the client.
That said, both can translate into in-house. Just depends on your network.
Litigators, on the other hand, are often one-and-done -- when the case is over, so is your relationship with the client.
That said, both can translate into in-house. Just depends on your network.
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azntwice
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Re: Litigation vs. Transactional Exit Options
I was told very recently by a partner at my firm that big companies are now looking for experienced litigators to take in house positions, because ITE people are getting sued left and right. If you are at a biglaw firm that does a lot of litigation for a certain client, you will definitely build a long term relationship with that client, just like in a corporate practice, and you might have the chance to lateral there as well.
