Welcome to Summer Fridays, where I’m answering questions from summer associates and interns. Have a question for me to answer? Email it to email@example.com.
Today I respond to a summer associate wondering if she should expand her work to other practice areas.
Question: I am summering at a big firm. I am sure I want to do M&A work. Do I have to take on assignments from other groups?
Answer: If your firm requires summers to work on a variety of assignments, then yes, you do need to take on more than just M&A work during your summer.
Remember, this is essentially a 12-week job interview. You need to demonstrate that you can follow the rules.
However, even if diversifying your workload is merely encouraged but not required, you should do it for your short-term and long-term career growth.
1) Practice group assignments are not up to you.
Even if you are sure that you want to join the M&A practice group, the hard truth is that the decision is not up to you. Some firms recruit for specific practice areas. More commonly, practice group assignments are made at the time the next batch of first-year associates is ready to join the firm, based on the firm’s business needs at that time.
Shortly before you join as a full-time associate, the firm will likely reach out to ask you to rank your top few practice groups. If you only worked on M&A deals during your summer, how are you going to pick a second or third choice? Maybe you went to lunch with a partner in the real estate group and had a good time. That’s great. But do you know what that person is like to work for? Or, perhaps more importantly, what the senior associates in that group are like to work for? How busy are they? What kind of work do the first years actually do all day?
Look, maybe you’ll win the practice group lottery, but maybe you won’t. If M&A doesn’t need any first years at the moment, or there are three associates vying for two spots, you’re putting yourself at a major disadvantage if you have literally zero experience with any other group.
2) Broader exposure is helpful for your end-of-summer evaluation.
Most firms conduct a formal evaluation of you during the summer, both to provide feedback to you and to build a file to support the ultimate decision to give you a job offer. Working across groups and with multiple attorneys gives you a chance to build more relationships and impress more lawyers.
3) Your true interests might surprise you.
I can think of several associates from my own summer class who went into the summer determined to end up in practice group A and then loved the lawyers and work in practice group B or C or D so much that they changed course. You will not have this opportunity to so easily float among practice groups again. Take advantage! At the least, you’ll confirm your desire for M&A above other practice groups.
4) Making connections across groups is helpful for your long-term growth at the firm.
One of the ways big firms attract, retain, and expand their business is by promoting themselves as “one stop shops.” In practice, this might mean that the M&A group will reach out to the white-collar group for assistance on the due diligence piece of a deal, advising the client on potential foreign corruption risks involved in an acquisition. In doing so, attorneys in the M&A group will reach out to the attorneys they know in the white-collar group. This goes both ways – a litigation attorney might get a call from a client wanting to acquire another company. The litigator is going to need to loop in someone from M&A to work the deal.
It’s never too early to start building those relationships. I can tell you from experience that it pays off – you would be surprised at the number of attorneys who remember working with you as a summer associate and will reach out to you if they need to consult a lawyer in your practice group, even years later.
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