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Tech trans vs emerging companies

Posted: Sun Mar 18, 2018 8:52 pm
by Anonymous User
Curious if people have thoughts in relation to how interesting the work is and the quality/level of exit options.

I’ve already seen the below thread. Consensus seems to be that tech trans exit options are better and the work might be more interesting. But emerging companies/corporate work let’s you interact with the business more broadly, which might mean more opps to go in-house at a higher level.

Wanted to create a thread just to discuss this topic

http://www.top-law-schools.com/forums/v ... 3&t=272347

Re: Tech trans vs emerging companies

Posted: Tue Mar 20, 2018 12:38 am
by Anonymous User
Tech trans varies, privacy and licensing if you can get it are hotter than tech trans deal support. Much easier to go in-house with tech trans background. Depending on your long term goals and career plan, emerging companies firm experience is actually better, building network, getting broader exposure, etc., but that first jump in-house is harder especially because the ideal role will probably require some licensing or privacy experience. Ymmv.

Re: Tech trans vs emerging companies

Posted: Tue Mar 20, 2018 5:55 pm
by kalcifer
Anonymous User wrote:Tech trans varies, privacy and licensing if you can get it are hotter than tech trans deal support. Much easier to go in-house with tech trans background. Depending on your long term goals and career plan, emerging companies firm experience is actually better, building network, getting broader exposure, etc., but that first jump in-house is harder especially because the ideal role will probably require some licensing or privacy experience. Ymmv.
Is there any tech trans group out there that let's you only do licensing and not do any deal support? Most I know have you do both depending on the need.

Re: Tech trans vs emerging companies

Posted: Tue Mar 20, 2018 6:51 pm
by Anonymous User
are emerging companies exits mostly to clients in the growth/vc stage or are there ample opportunities with large public tech companies as well? (i.e. Facebook/alphabet/apple)

Re: Tech trans vs emerging companies

Posted: Wed Mar 21, 2018 12:45 am
by Anonymous User
Am quoted anon. All tech trans require both, that I know, though associates will sometimes quickly move towards almost exclusively privacy and licensing.

On second question: emerging company exits are not really limited in that aspect, that I am aware. Just that, at least straight from the firm, 9 out of 10 positions you’ll lose out to the version of you that went to tech trans instead, because, again, the day to day for the non-senior in-house legal positions is often licensing/privacy/general commercial matters. However, in-house you are much less likely to get the emerging company financing transaction or m&a exit experience that can be fairly important to many more senior in-house legal positions. You really want to have proficiency at both the daily operational pieces and strategic transactions. Some big lawtech trans groups do their own m&a and emerging company work (makes sense when you think about tech trans as often being a splinter group from the m&a and emerging company practices), which is probably the best of all worlds.

Re: Tech trans vs emerging companies

Posted: Wed Mar 21, 2018 1:31 am
by Anonymous User
Double posting. I should also add that tech trans I think varies a lot more from firm to firm, and even office to office, than your standard m&a or emerging company practice, so definitely a lot of ymmv.

Re: Tech trans vs emerging companies

Posted: Thu Mar 22, 2018 11:47 pm
by Anonymous User
Bump please :mrgreen:

Re: Tech trans vs emerging companies

Posted: Tue Apr 03, 2018 12:50 am
by Anonymous User
Bump as well

Re: Tech trans vs emerging companies

Posted: Wed May 02, 2018 2:44 pm
by Anonymous User
bumping and sharing another relevant thread here: http://www.top-law-schools.com/forums/v ... s#p9744523