Published April 12, 2017
There are endless opportunities in the world of corporate finance law. Lawyers who practice in this area are usually working for a large company, or a large law firm.
As a corporate finance lawyer, you’ll be directly involved in business negotiations and a key player in helping your clients strike the deal they want.
The majority of corporate lawyers deal with banks and large corporations on a daily basis. However, like most jobs, you can expect to pay your dues before getting to the real exciting stuff.
During your first years as a corporate lawyer you can expect to do a lot of the leg work for the more experienced lawyers on staff. This includes working your way through tons of paperwork, doing countless hours of research, and pretty much anything else your superiors ask of you. Once you establish yourself within the firm you’ll be expected to take the lead on many cases.
There are a variety of cases you can expect to delve into as a corporate finance lawyer. Some examples are:
The demand for quality, experienced corporate lawyers will always be there. The important thing to do is obtain a quality undergraduate degree that prepares you well for the LSAT, and law school in general. Then once in law school you can tailor your experiences to the areas you feel you’d excel in.
If you’re interested in corporate law then you should get as much experience in the field as possible, only making your more attractive to law firms looking to expand their corporate law offerings.
The unique difference between corporate law and litigation is the goal of corporate law is to strike a deal that makes everyone happy. One person who worked in both areas told BCG, "Litigators look at the world as an adversarial process. There is a winner and a loser. At the end of a corporate deal, however, you want to have two winners. Do you want to be someone who brings people together? Then this is the job for you."
The world of corporate law is also much faster than other areas of practice. There are certain deadlines or closing dates that need to be met and then it’s on to the next project.
Earlier in the post we noted the importance of a quality education. Wouldn’t it be great if you could try a job out before fully committing to it? You wouldn’t buy a car you didn’t drive, or purchase a house you’ve never seen. Why should you work for a company you know nothing about? Well, enter in the summer associate program. These programs are beneficial for both the law firm and the individual.
As an individual you have the opportunity to go in there work hard and make a name for yourself. As a law firm you’re afforded the opportunity to see how an individual fits in with the company culture, if he or she is knows corporate law, or whether or not they’re going to work hard. Think of it as a probationary period in any other job.
As in any other industry, or practice area, the opportunity to succeed is up to the individual. If you are constantly sharpening your knowledge, keeping up with current trends, working harder than your peers, and keeping your superiors happy, the sky is the limit.
Every employer, regardless of the industry, appreciates someone who is passionate, reliable, knowledgeable and a good cultural fit.
If corporate law is something you’re passionate about, start your journey with a quality education.