The Best Book On Getting Corporate Law Jobs

Want to get a top corporate law job? Interested in working for Davis Polk and Wilson Sonsini? Hear from Patrick Johnson and Eric Ng, law school grads that got in!





Land Big Firm Corporate Law Jobs

Big corporate firms are where most big lawyers go because there’s a track for them. “The path of least resistance is the big law firms,” law school counselor Carole Montgomery said in a Legal Times article.

The big firms generally come to law schools with a quota of 5, 10 or 20 people, so that’s where most people end up because there’s a huge bulge in the market. There are thousands and thousands of big corporate law firm lawyers.

In-House Corporate Law Jobs

There are fewer big corporation in-house lawyers. That’s because big corporations have in-house teams that generally aren’t flush with attorneys. A company like Intel is going to have a lot of lawyers; in fact, nationwide they probably have a couple hundred. However, they don’t have the capacity to handle big IP cases if they are sued or decide to sue a competitor. As a result, they outsource that work, creating a kind of asymmetry in terms of the client and the firm. The client has some lawyers on site, but they won’t have 20 people in Hong Kong to supplement the work the next day.

Clients rely on big firms to be more flush with attorneys. The corollary to that asymmetry is that big corporations don’t have the need for people who tally damages or label exhibits. The general knowledge and context you receive in law school is of little value or use to a company like Intel. The trajectory to get into those spots is different.

How To Get There

Big companies generally don’t come to a law school looking for their next general counsel or in-house lawyer. There are exceptions to that. Google in particular has an eye on building its own in-house firm. They want to be able to insource a lot of their legal work so they will go to law schools and get first and second year attorneys who have the skill sets that I talked about before, because they need every layer of the equation. Going to a big firm straight out of law school will put you in a position to get those in-house corporate jobs.

The most logical trajectory is to work on a big litigation, develop relationships with in-house lawyers, and become familiar with a company’s sources of revenue, management, and long-term agenda. That doesn’t happen all the time, but that’s probably the most common way to get an in-house job.

Salaries

In-house jobs tend to pay less, so you usually take a pay cut when you move from a law firm to an in-house gig. On the other side, you tend to receive a better “quality of life” by not working the crazy hours at a big law firm. The leadership at big corporations, like the general counsel, is substantially paid, but going in-house will result in a $20,00-$70,000 pay cut. If you kick the right horse at the right time, especially in Silicon Valley, that transition can be more financially beneficial than you might think. If you get to Broadcom before it is the next Broadcom, you’ll be well compensated for gambling on the job, even if you are a junior member.

The usual trajectory to work in-house at a corporation is to work at a big firm and then move into in-house work. Big firms recruit at law schools, whereas big corporations look for more developed skill sets that can’t be found at a law school or first year level.

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Personalities, and the type of personalities, in law school are very diverse. You run across people all across the spectrum, especially in terms of introverted and extroverted personalities.  Firms, too, are microcommunities with different areas of expertise and personalities.

For example, I’m a trial junkie, which means I want to be in court no matter what the area of dispute, because I like doing things with that kind of pace. The type of person interested in that is very different from the type of person involved in a long-term employment battle between a single plaintiff and a big company, which can go on for years.

When you go into a firm, you start to see how different practice areas reflect different personalities. There are many types of intellectual property (IP), but when you see IP in Silicon Valley, it generally means hard IP, which is patent work. Patent work is very technical, so a lot of big firms will not let you do hard IP work unless you have a technical background. The type of personality you get there is that which comes with a scientific degree, whether it’s computer science, engineering, medical, or chemical. Those are different personalities than the Political Science or English degree personalities that you tend to think of when you go into law school.

One of the nice things about working at mid-size law firm with 50-70 lawyers is the interaction with people different from you. You have little communities that pop up. Corporate people have shorter timelines, so they tend to have different lifestyles. They tend to be people who either don’t mind the on and off and quick demand or they’re more active in managing and balancing their family life.  They may want two crazy weeks, then a week off to be with family.  Different types of personalities flock to different groups. Part of that is reflected in the practice area, so certain characteristics can be found in trial teams and IP teams across firms.

I once worked with a partner in the Los Angeles office who specialized in brief writing, so his team would work on a case where a lot of writing needed to be done. He had a big team of people, one of whom lived on the East Coast and had never set foot in the LA office. That’s more of a lifestyle issue. The associate didn’t want to be Mr. or Mrs. Big Firm, so the office found an arrangement that would work for both.

There’s no dominant law school or law firm personality, but you want to shop around to find the group that matches in both leadership and expertise.

There is a stereotype about the alpha male who prides himself on being a great cross-examiner in a courtroom. Those types of personalities do tend to congregate in certain kinds of litigation practices, but it is not a prerequisite, and many are not like that. Introverted and extroverted has little to do with how much talking you do. Some people have a little stage fright. You’re not always on a stage in a big law firm, in fact you rarely are.  You will need to have certain conversations and you may have to present research, findings, and factual evidence, but no more so than any other person in the professional world. You don’t need to be a master orator or unafraid of public speaking.

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In addition to big cases being an internal market, there’s a political component to them as well. Partners have certain people that they like to work with. To be one of those people, you have to have done an excellent job in the past and maintain a good personal relationship.

One of the biggest mistakes I hear is from people complaining that they’re not getting the big assignments. If you look with a little big of hindsight to what has been done before, the distribution of assignments is fairly equitable.  If you do one huge assignment, you will likely get another if you want it.

You actually can get away with coasting in a big firm, just hitting your quotas. It’s very hard for a big firm to fire someone, unless the firm is having trouble or the market is really sour. However, coasting is not good for your long-term career. If you’re doing the bare minimum and taking less demanding assignments, your name won’t be on the shortlist when the next big, exciting opportunity comes around. Assignments are not passed out inequitably in terms of preferences or biases, but firms are discriminatory based on track record. If you’ve done 3 huge cases, you’ll probably be put on the next huge case if you want it, even if it’s not about a matter that’s front and center in your area.

Firms generally give you an option in taking a big case. When you’re put on a case, it becomes a big part of your life; I worked on one case from 2008-2010. If you don’t like the subject matter or are bored, offended, or repulsed by the case, that could be a problem. You can get an offer and navigate through it; there is some back and forth. You may be forced to do a couple things on it, even if you don’t take the case, but firms are good at efficiently allocating human resources. You might need to do a couple things for the case and then be shifted off.  I rarely hear of people forced into doing months and months on a matter that they didn’t have at least a passing interest in.

You’re not going to be on celebrity cases every day, but you’ll find something that interests you. You have some ability to maneuver in big assignments that come down the pipeline.

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