4 Tips for Young Lawyers on Accepting the Right Offer
Make a strategic choice that will support your career aspirations
If you’ve finished law school, completed a few internships, and passed the bar, congratulations! And while it may seem like all the hard stuff is behind you, now is when the real work begins. The first step for many young lawyers is deciphering which law firms would be a good fit and figuring out which offer you want to accept. It’s a really big decision and not one that you should make lightly. Here are some tips on how to choose:
1. Think of your preferred practice area
As a first-year associate, it may be hard to imagine yourself practicing the same kind of law for many years to come. And if you’re not sure which area you’ll be most passionate about, it’s important to try and choose a firm that will allow you to dabble in a variety of options. While many young lawyers have decided on their choice long before they graduate, most haven’t – and that’s ok. Selecting a firm that has several areas of practice may be the best way to go.
2. Evaluate reputation
When it comes to choosing the right firm, another critical thing to consider is its reputation. It goes without saying that you want to find one that is not only well-established, but also has earned good standing in the community. Selection based on prestige may seem superficial, but in reality, it goes a long way when you’re ready to move on because other firms look at your previous employment as a key factor. Choosing a firm that can open more doors for you is a great career strategy.
3. Geography is key
Nothing is forever, of course. But just like any career, you want to think ahead when accepting a position. Some cities are more conducive to certain types of law than others. For example, New York City is a key financial hub, so if your background is in accounting, finance, or other related law, you may want to focus on firms that can get you closer to living and working in NYC. On the other hand, if your goal is to one day own your own small firm or to practice corporate law, you’ll want to be on the lookout for similar firms that can pave the way for your aspirations in your desired location.
4. Calculate what will be a promising future
While it’s important to choose an area of law that you’re passionate about, it’s likely that you may not know exactly what you want to do so early in your career. If this is the case, you may want to take a look at the market itself and see what the demand is for different types of lawyers at the moment. Things can and do change year to year according to what’s happening in the economy, but it can be exciting to choose an area of practice that is particularly hot. If you’re getting an offer from a firm that does relatively-stable, tax-related law, for example, you may want to wait and see if you get any interest from a real estate or mergers and acquisitions firm.
Knowing which offer to accept may seem daunting, especially since your first experience as a young lawyer can have a big influence on your future. Take your time, consider all of these aspects, and don’t stress it too much. Remember that you’re just starting out and most attorneys make several moves throughout their careers.
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