Is it worth it to leave a V20 if I can't get my practice group of choice? Forum

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Is it worth it to leave a V20 if I can't get my practice group of choice?

Post by Anonymous User » Thu Jan 14, 2016 11:27 am

I'm a 2015 grad doing litigation at a V20. Problem is, I wanted tax. Tax wasn't even on my radar until 3L, when I took Corporate Tax, so my summer was 100% litigation. I tried to get a tax spot, but my firm understandably gave limited tax positions to folks that the tax people already knew.

Right now I'm pretty unhappy, but I don't think I have any attractive options. My firm has all but said that transferring to the tax department won't happen. I have applied to NYU's LLM, but that would be a huge expense both in terms of tuition and in terms of opportunity cost. I've also talked to headhunters and even put some lateral apps out, but everyone wants more than a stub year's experience. I could wait and try to lateral after a year or two, but how much will further experience in litigation change anything?

Or, of course, I could just stick it out at my current firm and be a litigator. I've convinced myself that the main thing I don't like about litigation is the uneven/unpredictable workflow. I also have no desire to ever be the guy in court or the person making high level strategic decisions: I'd rather just do research and writing, and any amount of responsibility scares the shit out of me. I basically have nothing to work towards in litigation because any advancement would draw me into stuff I just don't want to do. Based on reading TLS threads, tax wouldn't have at least some of these problems and, based on my experience in class, it would be more interesting too.

So which option is the best? I think at this point I'm leaning toward the LLM over staying at my firm (I don't think lateraling into tax will ever be realistic), but maybe that's stupid. Maybe it's all just biglaw and I will be unhappy wherever I end up.

Anonymous User
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Re: Is it worth it to leave a V20 if I can't get my practice group of choice?

Post by Anonymous User » Thu Jan 14, 2016 11:28 am

Can you LLM and work at the same time? I think thats your best choice.

edit: Online tax LLM at NYU http://www.law.nyu.edu/llmjsd/executivellmtax

Anonymous User
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Re: Is it worth it to leave a V20 if I can't get my practice group of choice?

Post by Anonymous User » Thu Jan 14, 2016 5:30 pm

Anonymous User wrote:Can you LLM and work at the same time? I think thats your best choice.

edit: Online tax LLM at NYU http://www.law.nyu.edu/llmjsd/executivellmtax
Would just a class or two get me a lateral spot? Doing the LLM part time while staying at my firm would probably take me several years, so if I need the degree this seems no less unappealing than other options.

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

Re: Is it worth it to leave a V20 if I can't get my practice group of choice?

Post by Anonymous User » Thu Jan 14, 2016 5:59 pm

I don't know what the best path forward is. But just to let you know you that you aren't crazy, I started in tax this past fall and would not work in any other practice group (okay, maybe bankruptcy or something along those lines, but certainly not general lit or corp). I would switch firms before doing litigation. So I don't think you're off base to think about switching firms to get into tax and to believe that it will improve your QOL substantially.

- Different anon

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