Job Responsibilities
Typical junior corporate attorney tasks -- in any given cycle of
a deal, there are documents to spin off, proof, circulate and
perhaps a few provisions to draft or research. There is a lot
of "learning," e.g. listening in on conference calls, reviewing
precedents, putting together closing volumes after the closing of
a deal.
|
Job Requirements
Law school-- you have to have gone to a first tier law school or
done really well at any other tier law school.
|
Uppers
Entry-level salary is as good as it gets for the young, unskilled and dare I say
it, often quite stupid.
|
Downers
Hours, boredom, paper-pushing.
|
Lifestyle
1 out of every 270 people in the US is a lawyer. It's probably 25 times that in
NYC, with most having the same type of high paying, anonymous big firm jobs. So
everyone lives out the same comfortable NY lifestyle, but no one does so as
profligately as folks in such industries as hedge funds or media.
|
Compensation
First years now make $135-$145K plus $30K bonus. No stock
options, benefits are good but standard.
|
Advice to Jobseekers
If you just want a stable, high paying job, it's easy. Even if
you end up at a terrible law school, just get good grades. It's
that easy. And apparently, there is an upswing in demand for
corporate lawyers these days. You need NO brains whatsoever. That
is the only reason I stay--I couldn't handle making less than the
idiots with whom I work.
|
|
