Does transactional work exist outside of biglaw? Forum

(Advantages vs Disadvantages, Big Law, Work-Life Balance, Hiring Practices, Company Culture, Hours and Compensation, Private Sector Firm Reviews & Experiences)
KarlRemarks

New
Posts: 3
Joined: Mon Aug 02, 2021 2:23 pm

Does transactional work exist outside of biglaw?

Post by KarlRemarks » Wed Apr 06, 2022 6:26 pm

0l here, considering doing transactional work after burning out as a paralegal in a litigation boutique.

I've read that it's difficult to find transactional work outside of biglaw, and that it can be difficult to find transactional jobs if you don't go to the t14. How true is this?

User avatar
nealric

Moderator
Posts: 4265
Joined: Fri Sep 25, 2009 9:53 am

Re: Does transactional work exist outside of biglaw?

Post by nealric » Thu Jun 30, 2022 12:05 pm

It does exist, but typically on much smaller deals. Small firms tend not to have the capacity to handle significant corporate transactions that are the bread and butter of biglaw because they need a lot of different subject matter experts and warm bodies to handle the sheer volume of work.

However, Small to mid-size businesses need legal counsel for deals as well that don't support biglaw rates and there are small and mid-size firms evolved to handle that work. Jobs at these firms will be a lot less plentiful compared to litigation at similar size firms.

Anonymous User
Posts: 427956
Joined: Tue Aug 11, 2009 9:32 am

Re: Does transactional work exist outside of biglaw?

Post by Anonymous User » Thu Jun 30, 2022 12:16 pm

It also depends what you mean by transactional. If you mean only traditional M&A/biglaw deals, maybe not. However, if you just mean "not litigation," there are a lot of government employees who handle things like contracting, procurement, real estate, licensing, utilities, and labor/employment issues, some of which will entail litigation-like work, but not usually in actual courts, more administrative boards.

Anonymous User
Posts: 427956
Joined: Tue Aug 11, 2009 9:32 am

Re: Does transactional work exist outside of biglaw?

Post by Anonymous User » Mon Oct 31, 2022 10:23 am

Want to continue reading?

Register now to search topics and post comments!

Absolutely FREE!


Post Reply Post Anonymous Reply  

Return to “Big Law/Private Practice Jobs”