How hard is it to lateral from V10 NYC to another Market? Forum
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How hard is it to lateral from V10 NYC to another Market?
I'm a 1L at a YHS school currently summering at a firm in Texas. My ultimate goal is to end up in Texas biglaw, but for personal reasons I would like to work in NYC for 2-4 years first (spouse going to grad school there). Obviously getting a top firm job is far from guaranteed but based on my grades and work experience I think I have a good chance of landing something next summer.
I'm wondering how difficult it would be to lateral (as a 2-4 year) from a firm like S&C, DPW, STB etc. to a big Texas firm like V&E or a satellite office like Gibson Dunn or Latham. Would this have any impact on partnership, exit opps etc? Do I have to take the Texas bar? I have pretty strong ties to NYC and very strong ties to each major market in Texas. I'm primarily interested in M&A if that makes any difference and have previous work experience in oil and gas.
I'm wondering how difficult it would be to lateral (as a 2-4 year) from a firm like S&C, DPW, STB etc. to a big Texas firm like V&E or a satellite office like Gibson Dunn or Latham. Would this have any impact on partnership, exit opps etc? Do I have to take the Texas bar? I have pretty strong ties to NYC and very strong ties to each major market in Texas. I'm primarily interested in M&A if that makes any difference and have previous work experience in oil and gas.
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Re: How hard is it to lateral from V10 NYC to another Market?
can you be honest about your career goals and get a job with a firm in NYC that has the hq office in texas? have no idea if this is a good idea.. someone knows?
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Re: How hard is it to lateral from V10 NYC to another Market?
It is a terrible idea.Anonymous User wrote:can you be honest about your career goals and get a job with a firm in NYC that has the hq office in texas? have no idea if this is a good idea.. someone knows?
OP, if your NYC firm has a TX office, you can ask for a transfer. You will want to work in a department that has a significant TX presence also. But, if you haven't been impressing people, asking for a transfer will be an easy way for them to up or out you (by denying the request and "forcing" you to leave).
With HYS, a good NYC firm, and a practice area that is common enough inTX, lateraling in is a realistic goal. It might take awhile, depending on general market conditions, but you should be able to make the move. Just avoid going for a NYC-centric practice.
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Re: How hard is it to lateral from V10 NYC to another Market?
This seems like the right advice. You're better off going to STB/Latham/Skadden/Gibson to start with and lateraling into their Houston office. Houston's been busy enough that it shouldn't really be an issue.TooOld4This wrote:It is a terrible idea.Anonymous User wrote:can you be honest about your career goals and get a job with a firm in NYC that has the hq office in texas? have no idea if this is a good idea.. someone knows?
OP, if your NYC firm has a TX office, you can ask for a transfer. You will want to work in a department that has a significant TX presence also. But, if you haven't been impressing people, asking for a transfer will be an easy way for them to up or out you (by denying the request and "forcing" you to leave).
With HYS, a good NYC firm, and a practice area that is common enough inTX, lateraling in is a realistic goal. It might take awhile, depending on general market conditions, but you should be able to make the move. Just avoid going for a NYC-centric practice.
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Re: How hard is it to lateral from V10 NYC to another Market?
If you will be trying to switch firms, doable, but won't be as easy as landing a SA position through OCI. You probably won't have the power to be as selective you were during the SA process when it comes to the firm you end up at.
Speaking based on first-hand knowledge of lateral process in Texas.
Speaking based on first-hand knowledge of lateral process in Texas.
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Re: How hard is it to lateral from V10 NYC to another Market?
In a similar situation as the OP, but not a 1L. Going to a V10, but not one with a Texas office.Anonymous User wrote:If you will be trying to switch firms, doable, but won't be as easy as landing a SA position through OCI. You probably won't have the power to be as selective you were during the SA process when it comes to the firm you end up at.
Speaking based on first-hand knowledge of lateral process in Texas.
Any other help? What practice areas should I avoid? Should I take the Texas bar before I try to lateral? Just send out applications? How soon is too soon to try and move? Would rather go to a firm than try and find somewhere in-house because I would like to move sooner than OP, like 1-2 years in versus 3-4.
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Re: How hard is it to lateral from V10 NYC to another Market?
This is very doable, and looking at bios you'll see that it's quite common (at least in corporate). No idea how litigation works, but for corporate, just pick a practice area that will transfer well: M&A, Private Equity, and to a lesser extent Capital Markets/Banking. Avoid pure-finance (derivatives, investment management/funds, financial institution regulatory work). Do it at a firm with a good reputation for that practice area and never look back.
Source: NYC corporate attorney who regularly gets headhunter calls/emails for positions in TX
Source: NYC corporate attorney who regularly gets headhunter calls/emails for positions in TX
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Re: How hard is it to lateral from V10 NYC to another Market?
At a different firm in TX, but I know several people who've lateraled over from NYC shops at Latham. Most had some explainable ties to Houston or interest in energy work. Not impossible, but also plenty of competition for spots. LW is heavy on cap markets so if you have good experience in that space, that's a big plus. K&E just moved in to Houston and their focus in PE.
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Re: How hard is it to lateral from V10 NYC to another Market?
Objective credentials aren't the issue. Lateral recruiting is different from OCI recruiting. Don't make the mistake of thinking that NYC V10 HYS with Texas ties is an automatic hire and/or gets his/her choice of firms.Anonymous User wrote:In a similar situation as the OP, but not a 1L. Going to a V10, but not one with a Texas office.Anonymous User wrote:If you will be trying to switch firms, doable, but won't be as easy as landing a SA position through OCI. You probably won't have the power to be as selective you were during the SA process when it comes to the firm you end up at.
Speaking based on first-hand knowledge of lateral process in Texas.
Any other help? What practice areas should I avoid? Should I take the Texas bar before I try to lateral? Just send out applications? How soon is too soon to try and move? Would rather go to a firm than try and find somewhere in-house because I would like to move sooner than OP, like 1-2 years in versus 3-4.
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Re: How hard is it to lateral from V10 NYC to another Market?
This is an important point and one I often forget isn't always intuitive to law students -- especially ones that haven't had extensive work experience prior to law school and have stellar academic credentials.Anonymous User wrote:If you will be trying to switch firms, doable, but won't be as easy as landing a SA position through OCI. You probably won't have the power to be as selective you were during the SA process when it comes to the firm you end up at.
Speaking based on first-hand knowledge of lateral process in Texas.
OCI is not the real world. You aren't ever going to have an array of choices like this again. Once you get the first job, you get dumped into being a small fish in a big pond. Post-first job, employers are usually looking at a range of experience levels, so the playing field won't be even for you. Sometimes you hit the job market at just the right time. Sometimes you don't. Depending on how quickly you have to make a move, you may find that you have to make significant compromises. If you know you have to move, start looking early. Get a sense of the market, start talking to people. If the right job comes along, go for it, even if the timing isn't ideal.