One of the most difficult aspects of being a law student or new lawyer is figuring out what area of law to practice. For starters, there are so many options that it is easy to feel overwhelmed by the numerous paths you can take. And as a newbie to the industry, you may not understand what each practice area encompasses or how to learn more about each one.
When I was a law student, I knew that I wanted to pursue litigation—I was drawn to the research and writing aspects of the practice, and I enjoyed crafting persuasive arguments. But I didn't realize just how many types of litigation there were. In retrospect, I wish I had taken more time to research the many different roads I could have followed as a litigator and done more informational interviews and internships as a law student to better grasp the ins-and-outs of certain sub-practices. But I didn't have a resource at my fingertips to help me navigate the myriad law practice options.
Luckily you do.
Vault Law's new practice area section is chock-full of information on dozens of legal practice areas, including:
The most frequent concern we hear from law students when we meet them on campus or at events is that they don't know how or where to find information on legal practice areas. We hope our practice area resources will provide a useful starting point as you build your career.
Do you have a legal career question you'd like us to answer? Is there a resource you'd like us to create? Email us at firstname.lastname@example.org!
Looking for an in-depth guide to legal practice areas with insights from real attorneys? Check out Practice Perspectives: Vault's Guide to Legal Practice Areas, which includes Q&As from more than 100 lawyers, who share insights on what it is really like to practice in their areas of law.
If there is one common refrain when it comes to career readiness out of law school, it is that there isn't enough preparation for transactional work. No matter how high your grade is in corporations or how many wins you scored in mock negotiations, it is difficult to understand exactly what a corporate lawyer does and how to prepare for the career path without actually practicing yourself—or talking with experienced lawyers in the field.
Deciding to go to law school is one thing; selecting what type of law to practice is an entirely different matter—and a confusing one at that. If you’re not quite sure which firms excel in your desired practice area or even what the differences between certain practice areas are, you’re not alone.
Going to law school isn’t—or at least shouldn’t be—something you decide to do suddenly or aimlessly. Such a commitment of time, money, and effort should be taken on only after much deliberation and preparation, especially since your career and your future are at issue.
Fintech is one of the fastest-growing and competitive industries at the moment, which of course means there’s a whole lot of work to be done. Those who are interested in a career in fintech will have a variety of options to choose from, and will enjoy the excitement of a rapidly growing industry.