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1L Internship

Posted: Thu Feb 18, 2010 3:43 pm
by MIA
Thanks!!

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 3:48 pm
by RSN_M3
I'd go with Goldman Sachs. The name id alone will bolster your resume immensly.

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 3:49 pm
by PoliticalJunkie
RSN_M3 wrote:I'd go with Goldman Sachs. The name id alone will bolster your resume immensly.
Agree. GS on a resume opens doors.

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 3:49 pm
by underachiever
Wow, those are great. employers will like the all. I really wish i was u, b/c i wont be getting paid this summer.

I would pick Goldman...in house + name recognition...and i have heard great things about their 2L summer program

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 3:51 pm
by ozarkhack
MIA wrote:Also, if anyone knows what kind of stuff a Goldman Sachs 1L intern does, please share.
See the bulldozer in the back? You'll be pushing the coin around to ensure primo swimming conditions.
(Those poor saps at the vault entrance are, in fact, the taxpayers.)

Image

Sorry. Couldn't resist. (See, because they make SO MUCH MONEY!)

Congratulations on the options.

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 3:53 pm
by kittenmittons
GS

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 3:54 pm
by MIA
I agree that Goldman Sachs on resume is a pro because of name recognition. However, i'm not exactly sure what kind of stuff their in-house interns would do... would it even be relevant to big law firms? Besides it being a powerful company, I'm also not sure why big law firm recruiters would find this attractable. Can someone elaborate?

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 3:55 pm
by agentzer0
MIA wrote:Three 1L internship possibilities might be opening up.
1 - Goldman Sachs 1L in their legal department
2 & 3 - 1 lower end big law firm, and another higher end mid-size firm. Both have starting 1yr pay at around 140k

I'm not sure I'd want to work for any of these companies after graduating. But I do eventually want to work for a good Big Law firm. What do you think would make me more attractable to these Big Law firms, a 1L internship with Goldman Sachs, or a 1L internship with a low-end big law firm?

Also, if anyone knows what kind of stuff a Goldman Sachs 1L intern does, please share.

Thanks!
For those of us awed by your amazing job-getting capabilities, would you provide a little personal info?

I'd love to know where you go, if you got these offers before or after grades, if it was after grades - how you did grade/rank-wise, and how you went about applying to these places? A PM would work too...

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 3:57 pm
by RSN_M3
Some time ago I read something to the effect of "The average GS employee makes 500K, with custodial and secretarial salaries averaged in". GS controls Wall Street. Is it any surprise that they emerged from the recession stronger than when they went into it? They're the only company with so much power and leverage across the economic and political lines.

That said, everyone it GS works his/her ass off. They're like residents in medical school. 24+ hour shifts are not uncommon, when you're attempting to bill as many hours as possible, competing against top ranked Harvard JD/MBAs, etc.

I'd take the internship and run with it. If you can manage the grueling and competitive work at GS, you can manage it anywhere. If not, having GS on your resume will open many doors for you.

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 3:59 pm
by romothesavior
MIA wrote:I agree that Goldman Sachs on resume is a pro because of name recognition. However, i'm not exactly sure what kind of stuff their in-house interns would do... would it even be relevant to big law firms? Besides it being a powerful company, I'm also not sure why big law firm recruiters would find this attractable. Can someone elaborate?
Ditto. Very interested.

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 4:01 pm
by SplitterPride
RSN_M3 wrote: That said, everyone it GS works his/her ass off. They're like residents in medical school. 24+ hour shifts are not uncommon, when you're attempting to bill as many hours as possible, competing against top ranked Harvard JD/MBAs, etc.
A lil bit exaggerated, but point well taken.

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 4:02 pm
by kittenmittons
SplitterPride wrote:
RSN_M3 wrote: That said, everyone it GS works his/her ass off. They're like residents in medical school. 24+ hour shifts are not uncommon, when you're attempting to bill as many hours as possible, competing against top ranked Harvard JD/MBAs, etc.
A lil bit exaggerated, but point well taken.
PE?

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 4:05 pm
by RSN_M3
SplitterPride wrote:
RSN_M3 wrote: That said, everyone it GS works his/her ass off. They're like residents in medical school. 24+ hour shifts are not uncommon, when you're attempting to bill as many hours as possible, competing against top ranked Harvard JD/MBAs, etc.
A lil bit exaggerated, but point well taken.
Perhaps that's not the case for attorneys at GS, but for their I-bankers, that really is the case. I worked at a company and we were contracted by GS. During the project, the individual overseeing the work was accessible literally 20+ hours a day. Someone in our Moscow office would send him an e-mail during the day. Response 2 minutes later. Twelve hours later, our Houston office sent an e-mail. Response 2 minutes later. This went on and on during the course of the contract.

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 4:06 pm
by lolwut
MIA wrote:Three 1L internship possibilities might be opening up.
1 - Goldman Sachs 1L in their legal department
2 & 3 - 1 lower end big law firm, and another higher end mid-size firm. Both have starting 1yr pay at around 140k

I'm not sure I'd want to work for any of these companies after graduating. But I do eventually want to work for a good Big Law firm. What do you think would make me more attractable to these Big Law firms, a 1L internship with Goldman Sachs, or a 1L internship with a low-end big law firm?

Also, if anyone knows what kind of stuff a Goldman Sachs 1L intern does, please share.

Thanks!
Opening up for you or simply "opening up?" There's a rather important distinction to be made. If you don't know what a GS 1L does, you're probably implying that it's just a position becomming available for the 5,000+ resume toting piranhas. If I'm wrong, then congrats, and I would recommend GS. Haven't you heard from Lloyd Blankfein himself? They're doing "god's work."

You'd be a worker angel.... or demon, depending on who you ask/your worldview/etc. ;)

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 4:07 pm
by agentzer0
also FWIW, a friend's Dad is an exec at Goldman and, according to him, everyone in legal is bored and wants to switch to the business side. Also he said their hours weren't as bad.

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 4:17 pm
by RSN_M3
Top student in college...the best
Top student in law school / business school...the best of the best
Employed in biglaw...the best of the best of the best
Employed at GS...the best of the best of the best of the best

The OP must have amazing credentials. Big props to you.

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 4:18 pm
by 270910
RSN_M3 wrote:Top student in college...the best
Top student in law school / business school...the best of the best
Employed in biglaw...the best of the best of the best
Employed at GS...the best of the best of the best of the best

The OP must have amazing credentials. Big props to you.
:roll:

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 4:40 pm
by lolwut
RSN_M3 wrote:Top student in college...the best
Top student in law school / business school...the best of the best
Employed in biglaw...the best of the best of the best
Employed at GS...the best of the best of the best of the best

The OP must have amazing credentials. Big props to you.
Interesting - have you heard of Sergey Aleynikov?

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Thu Feb 18, 2010 4:44 pm
by RSN_M3
lolwut wrote:
RSN_M3 wrote:Top student in college...the best
Top student in law school / business school...the best of the best
Employed in biglaw...the best of the best of the best
Employed at GS...the best of the best of the best of the best

The OP must have amazing credentials. Big props to you.
Interesting - have you heard of Sergey Aleynikov?
lol wut? Yes I have.

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Fri Feb 19, 2010 11:28 pm
by brows
lolwut wrote:
MIA wrote:Three 1L internship possibilities might be opening up.
1 - Goldman Sachs 1L in their legal department
2 & 3 - 1 lower end big law firm, and another higher end mid-size firm. Both have starting 1yr pay at around 140k

I'm not sure I'd want to work for any of these companies after graduating. But I do eventually want to work for a good Big Law firm. What do you think would make me more attractable to these Big Law firms, a 1L internship with Goldman Sachs, or a 1L internship with a low-end big law firm?

Also, if anyone knows what kind of stuff a Goldman Sachs 1L intern does, please share.

Thanks!
Opening up for you or simply "opening up?" There's a rather important distinction to be made. If you don't know what a GS 1L does, you're probably implying that it's just a position becomming available for the 5,000+ resume toting piranhas. If I'm wrong, then congrats, and I would recommend GS. Haven't you heard from Lloyd Blankfein himself? They're doing "god's work."

You'd be a worker angel.... or demon, depending on who you ask/your worldview/etc. ;)
He/she goes to Rutgers. I think the focus here is on the "might."

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Fri Feb 19, 2010 11:32 pm
by los blancos
disco_barred wrote:
RSN_M3 wrote:Top student in college...the best
Top student in law school / business school...the best of the best
Employed in biglaw...the best of the best of the best
Employed at GS...the best of the best of the best of the best

The OP must have amazing credentials. Big props to you.
:roll:
+1

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Fri Feb 19, 2010 11:41 pm
by nyyankees
RSN_M3 wrote:Top student in college...the best
Top student in law school / business school...the best of the best
Employed in biglaw...the best of the best of the best

Employed at GS...the best of the best of the best of the best

The OP must have amazing credentials. Big props to you.
if you were the top student in law school, wouldnt you be virtually guaranteed biglaw? thus meaning that best of the best = BotBotB?

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Sat Feb 20, 2010 4:20 pm
by Renzo
agentzer0 wrote:
For those of us awed by your amazing job-getting capabilities, would you provide a little personal info?

I'd love to know where you go, if you got these offers before or after grades, if it was after grades - how you did grade/rank-wise, and how you went about applying to these places? A PM would work too...
Maybe I'm overly-cynical, but my first thought was daddy is bigtime I-banker/bigtime financial regulator/fortune 500 C-level.

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Sat Feb 20, 2010 4:27 pm
by Joga Bonito
Golden Sacks

--ImageRemoved--

Re: 1L Internship - Goldman Sachs legal dept. or Law Firm?

Posted: Sat Feb 20, 2010 4:33 pm
by sanpiero
agentzer0 wrote:
MIA wrote:Three 1L internship possibilities might be opening up.
1 - Goldman Sachs 1L in their legal department
2 & 3 - 1 lower end big law firm, and another higher end mid-size firm. Both have starting 1yr pay at around 140k

I'm not sure I'd want to work for any of these companies after graduating. But I do eventually want to work for a good Big Law firm. What do you think would make me more attractable to these Big Law firms, a 1L internship with Goldman Sachs, or a 1L internship with a low-end big law firm?

Also, if anyone knows what kind of stuff a Goldman Sachs 1L intern does, please share.

Thanks!
For those of us awed by your amazing job-getting capabilities, would you provide a little personal info?

I'd love to know where you go, if you got these offers before or after grades, if it was after grades - how you did grade/rank-wise, and how you went about applying to these places? A PM would work too...