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Offered a Transactional Position - What to expect?
Posted: Sat Sep 21, 2013 5:12 pm
by Anonymous User
3L here. I was recently offered a position by my firm to be an associate in their Business Transactional Dept. The firm is large NLJP250 firm. Does anyone have any advice as to what work assignments a 1st year Transactional associate should plan on receiving?
Re: Offered a Transactional Position - What to expect?
Posted: Sat Sep 21, 2013 5:20 pm
by sopranorleone
Anonymous User wrote:Offered a transactional position - what to expect?
Models and bottles.
But seriously, doc review.
Re: Offered a Transactional Position - What to expect?
Posted: Sat Sep 21, 2013 5:27 pm
by Bronck
sopranorleone wrote:Anonymous User wrote:Offered a transactional position - what to expect?
Models and bottles.
But seriously, doc review.
Due diligence brah.
Re: Offered a Transactional Position - What to expect?
Posted: Sat Sep 21, 2013 6:34 pm
by thesealocust
Due diligence, drafting, searching for precedents, turning comments, researching bits of law and/or precedent transactions, conference calls, reviewing financial information, documents filed with the SEC, and auditor work, and endless amounts of organizing, coordinating with specialist lawyers or firms (tax, local counsel, benefits, anti-trust, etc.), harassing your client, the other firm, and the other firm's client for details/reviewing documents/signing things, signature pages, more signature pages, seriously like a fucking crapload of signature pages, logistics, closing binders, contact lists, drafting and reviewing press releases, coordinating SEC filings, camping out at the financial printer, etc.
Eventually, add "negotiating deal details" and "telling somebody junior to you to do all of those things and reviewing the result" to the list.