Recent graduate at lower T14, heading to biglaw for transactional work this fall. Missed the boat for 21-22/22-23 terms but wondering if a 1-year clerkship at Delaware chancery makes sense after 2-3 years at the firm?
Thanks!
Delaware chancery clerkship after a few years at biglaw worth it? Forum
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Re: Delaware chancery clerkship after a few years at biglaw worth it?
If you want to go M&A transactional --> DE M&A litigation (for whatever reason), sure. If you want to keep doing transactional work after the clerkship, absolutely not
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Re: Delaware chancery clerkship after a few years at biglaw worth it?
Thanks so much for your reply! Would you mind explaining a bit more? I do wanna continue transactional work but thought a chancery clerkship would be a great/helpful experience. Any difference between a clerkship straight after law school vs one after a couple years at a firm in terms of its value for a career in transactions?LBJ's Hair wrote: ↑Wed Jun 09, 2021 1:54 pmIf you want to go M&A transactional --> DE M&A litigation (for whatever reason), sure. If you want to keep doing transactional work after the clerkship, absolutely not
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Re: Delaware chancery clerkship after a few years at biglaw worth it?
IMO, if you want to get better at transactional work--or any work, really--the best way to do it is to just do more of that work. DE chancery = spending a year not doing transactional work. Yeah you'll probably learn some useful deal litigation stuff, but for a transactional lawyer that's not as useful as just doing the deals themselves.Anonymous User wrote: ↑Wed Jun 09, 2021 3:53 pmThanks so much for your reply! Would you mind explaining a bit more? I do wanna continue transactional work but thought a chancery clerkship would be a great/helpful experience. Any difference between a clerkship straight after law school vs one after a couple years at a firm in terms of its value for a career in transactions?LBJ's Hair wrote: ↑Wed Jun 09, 2021 1:54 pmIf you want to go M&A transactional --> DE M&A litigation (for whatever reason), sure. If you want to keep doing transactional work after the clerkship, absolutely not
Plus, gotta factor in the loss of momentum at the firm you'll have by leaving/coming back in, definitely not worth it. The firms usually won't say it, but they hate it when people leave and come back. Super annoying for everyone--you de-staff, they replace you, you return, they have to start finding you work again.
I'm sure you'd learn interesting stuff at DE chancery, and it's a well-regarded clerkship, but if you're transactional I don't really see the professional benefit vis-a-vis another year of experience at your firm
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Re: Delaware chancery clerkship after a few years at biglaw worth it?
I actually think it could be okay. My old boss at the SEC did:
law school -> V5 M&A -> DE (Supreme Court, not CC) -> same V5 M&A -> SEC (not ENF)
He highly recommended it to me when I expressed interest in M&A. Said it was a great experience, great mentorship, and the substantive law actually came up at the cutting edge.
law school -> V5 M&A -> DE (Supreme Court, not CC) -> same V5 M&A -> SEC (not ENF)
He highly recommended it to me when I expressed interest in M&A. Said it was a great experience, great mentorship, and the substantive law actually came up at the cutting edge.
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