IP Transactions = lifestyle group? Forum
Forum rules
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
-
- Posts: 428558
- Joined: Tue Aug 11, 2009 9:32 am
IP Transactions = lifestyle group?
Looking at the IP transactions group of some of the big PE firms like STB, PW, and KE. Are they just deal support?
-
- Posts: 10751
- Joined: Sat Dec 19, 2009 4:32 pm
Re: IP Transactions = lifestyle group?
I didn't work it full time because we didn't have a IP trans group, but all the IP work from the transactional groups that came to my desk were deal support, due diligence.
-
- Posts: 1845
- Joined: Mon Jan 13, 2014 2:22 am
Re: IP Transactions = lifestyle group?
Does deal support = lifestyle? I work in a deal support group and it feels like we r still subject to the unreasonable whims of the client.
- RedGiant
- Posts: 466
- Joined: Sun Feb 17, 2013 10:30 am
Re: IP Transactions = lifestyle group?
IME, these groups are very critical parts of Tech M&A, and then you will also do a fair amount of client counseling day-to-day (GDPR compliance, privacy, HIPAA, etc.). Yes, you have to ramp up and do diligence/assist with deals at the same time the corporate folks do, but you're only responsible for your IP piece, and reviewing your portions of the schedules as the main document moves over time. I think it's a great group. It's probably one of the hottest groups for exit ops too--there's always 1 million postings (and need for) commercial/licensing counsel at companies, big and small, public and private. If you like technology, have a soft IP background, and don't mind being in an "ancillary" group to corporate, I would certainly consider it.
-
- Posts: 287
- Joined: Tue Jun 10, 2014 3:34 am
Re: IP Transactions = lifestyle group?
Depends; the NY office of one of the firms you listed took one first year associate this year. Not necessarily very big; upwards mobility in the firm might be limited.
Can be drudgerous deal support, and working a large mess of different deals at once with long hours. But it might be a good department as the tech industry becomes more prominent and in-vogue.
Can be drudgerous deal support, and working a large mess of different deals at once with long hours. But it might be a good department as the tech industry becomes more prominent and in-vogue.
Want to continue reading?
Register now to search topics and post comments!
Absolutely FREE!
Already a member? Login
-
- Posts: 428558
- Joined: Tue Aug 11, 2009 9:32 am
Re: IP Transactions = lifestyle group?
OP here. Thanks for the posts above. Thinking at this point that NY is the wrong market for this practice. Just from speaking with a few IP transactional associates at NY firms, it seems the groups don't really have their own deals. Just diligence support for the corporate arm...
-
- Posts: 10751
- Joined: Sat Dec 19, 2009 4:32 pm
Re: IP Transactions = lifestyle group?
My limited experience has been very low stress. IP is usually a small part of the transaction that has already been vetted by the client internally before the deal work started... I was always given reasonable time to complete requests (well reasonable in relative terms).dabigchina wrote:Does deal support = lifestyle? I work in a deal support group and it feels like we r still subject to the unreasonable whims of the client.
-
- Posts: 3594
- Joined: Mon Aug 07, 2017 9:52 am
Re: IP Transactions = lifestyle group?
I wouldn't write off NY entirely. IP transactional work is mostly done out of Sil Val and NYC. The only issue is that the kind of work that gets the "IP transactions" tag varies significantly between different firms. There are firms that do only soft IP, there are firms that do both soft and hard IP, there are groups that only do M&A support, there are groups that have their own deals in addition to M&A support, there are groups that blend prosecution work into the mix. It's still kind of an "evolving" area.Anonymous User wrote:OP here. Thanks for the posts above. Thinking at this point that NY is the wrong market for this practice. Just from speaking with a few IP transactional associates at NY firms, it seems the groups don't really have their own deals. Just diligence support for the corporate arm...