Serious work is subjective. But when do A0s in tier 1 firms start drafting board resolutions, SPAs etc? And when are they asked to review DD docs for red flags as opposed to simply summarising them mindlessly? When do they actually start drafting DD reports? Could the average daily work of a general corp A0 please be provided?
Or when do lawyers (at any stage) start doing the above?
> And when are they asked to review DD docs for red flags as opposed to simply summarising them mindlessly? When do they actually start drafting DD reports?
A0 here. I do these already. I'm not sure if it's different elsewhere but in my team each Associate typically prepares a whole section of the DDR (labour, environment, real estate, whatever). Section is reviewed by SA/PA and eventually Partner sits with the compiled DDR.
Maybe this is possible because the transaction complexity was small? One's I've worked on were all under USD 50 million.
Bhai chill kar le, zindagi bhar tumhe yahi bakchodi karni hai. I don't understand this enthusiasm for work. Ek din tsunami jaise aa ke laga dega tumhari.
Btw I've drafted almost the entire DD report and your dear board resolutions, and an SPA. Now while all these were reviewed and changed quite a bit, I still did it š
Or when do lawyers (at any stage) start doing the above?
A0 here. I do these already. I'm not sure if it's different elsewhere but in my team each Associate typically prepares a whole section of the DDR (labour, environment, real estate, whatever). Section is reviewed by SA/PA and eventually Partner sits with the compiled DDR.
Maybe this is possible because the transaction complexity was small? One's I've worked on were all under USD 50 million.
Btw I've drafted almost the entire DD report and your dear board resolutions, and an SPA. Now while all these were reviewed and changed quite a bit, I still did it š
so get out of that team or firm
I had an A0 who thought making bastas before the hearing was way below his stature. The team gradually lost all faith in him.