I have been avoiding writing this piece for as long as one week.
I have a persistent problem (since my mooting days back in law school) – I cannot convince someone without being convinced of it myself.
Let’s take an example. My very first interview right after graduating law school was with the HR Head at Star India. There was one question that I knew I was going to be asked because it was evident from my resume: “Why do you want to work in-house? Why not work with a law firm?”
After having consulted a number of people, I was told I cannot tell them why I genuinely prefer companies over law firms. Apparently, the fact that I have always wanted a balanced personal and professional life (read stability) would somehow translate into ‘I am not willing to put in hard work.’ The how and why of it, I’ve not understood till date.
So on that Tuesday morning in April 2016, I hid the truth from the HR. When asked, “Why is it that you’ve never interned with a law firm? Why have you always been focused on working with companies?” my answer was prepared – “I believe a structured environment that a company provides would be better suited to my personality; not only would I learn and grow within a structure, but I would have the opportunity to test my managerial skills as well.”
I couldn’t sell it. I think it would have worked better if I had genuinely told the HR that I do not believe in herd mentality. The idea of working for a corporate law firm to earn big bucks is attributed majorly to all our seniors in law schools, peer pressure or well, Suits. I was averse towards the idea of doing something that literally everyone else was doing or wanted to do after law school.
I decided to keep my apprehensions aside and asked myself a simple question – “Is it only herd mentality and the superior influence that seniors in the corporate law field have on us that so many of us chose to pursue a career in general corporate, M&A, private equity and capital markets?”
I got on a detailed call with Abhyuday, our COO, today morning and asked him a bunch of questions from the M&A diploma course syllabus. I’m not kidding when I say my first words to him were: “Whatever I read has gone over and above my head. What on earth are convertible notes? What do you mean by delisting? And corporate restructuring?”
The next thirty minutes were an eye-opener; not that I learnt everything there is to learn about mergers and acquisitions, but I realised something while Abhyuday was explaining how convertible notes originated from the Silicon Valley and are a very popular instrument for early-stage funding in the US.
The very reason I was averse towards the idea of interning at big corporate law firms was not only because everyone wanted to do it, but also the fact that I felt that it was glorified to be a fancy job that pays the bills and more, at the cost of your weekends. Somehow, this whole idea that I had about mergers and acquisitions, private equity, securities law deterred me from gaining any knowledge about it.
However, the little that I learnt today genuinely has me interested. Did you know that Google acquired Motorola for tax benefits and then resold it to Lenovo a couple of years later? Did you know that the RBI has liberalised our FDI policies to allow startups to issue convertible notes? Can a company be re-listed on the stock exchange after it has been delisted once?
The only knowledge of corporate law, as many call it, is generally restricted to the Companies Act in law school. Not many law schools in India teach Securities and Investment Laws (mine definitely didn’t) and even if they do, it’s far away from the ground reality that takes place as everyday work in law firms.
Is corporate law, M&A only about due diligence reports? No. There is a lot more to it than what the first year associates at the big six law firms divulge to you. To build this very gap between the law school’s theory and law firm practice, LawSikho has come up with a comprehensive Diploma Course in M&A, Institutional Finance and Investment Laws (PE and VC Transactions).
To sum it up, the course will enable you to:
- Articulate the commercial logic intent of your client when he or she is contemplating a transaction and identify a suitable way forward
- Conceptualize and implement variations if the deal structure or negotiations change
- Ensure procedural requirements and stakeholder alignment necessary as per law is obtained
- Develop yourself in deal structuring, execution, and implementation of M&A and institutional finance transactions.
In other words, when faced with a real-life situation, you will be able to steer the deal like an expert. For more details on the course content, syllabus and free sample material, visit this page.
Course Commencement Date: 1st July 2018
Last Date To Enroll For The Course: 30th June 2018
Course Fee: INR 23,600/- (including GST)
Duration Of The Course: 1 Year
Seats Per Batch: 20 (Limited Seats)
To Enroll For The Course: Click Here.
Do you want to explore how you can use this course to progress in your career?
If you have any question regarding the course, please feel free to get in touch with us. Please email us at [email protected] or schedule a career counseling session by calling 011-39595032.
It took me one conversation to gain interest in a field of law I’ve been avoiding for seven years, I’d suggest you don’t lose the opportunity while it still lasts.