Law School’s Missed Lessons: Preparing For Corporate Work

Olshan corporate associate Dakota Forsyth authored an article in Law360 (subscription required) titled “Law School's Missed Lessons: Preparing For Corporate Work.” In the article, Dakota offers practical insights for law students and young lawyers seeking to build successful careers in corporate law or a transactional practice — areas often underemphasized in law school curricula, which tend to focus more heavily on litigation. Corporate and transactional lawyers are critical in the business world, advancing clients’ business objectives and shaping strategic business decisions. “Transactional lawyers are more than legal technicians who draft agreements — they serve as trusted advisers who help businesses navigate complex regulatory landscapes, structure deals and anticipate legal risks before they become disputes,” Dakota explains. “Their practice spans mergers and acquisitions, securities offerings, corporate governance, venture capital financing, and other commercial transactions.” He notes that law students and young lawyers can build skill sets to develop a business-oriented mindset from understanding financial statements, following market trends, mastering the art of contract drafting and negotiating, and acquiring foundational knowledge in finance and accounting. Aspiring young corporate lawyers can gain practical experience through summer associate and mentoring programs, externships and internships, student and professional organizations and competitions, and familiarizing themselves with industry-specific knowledge and regulatory developments. “For law students or junior lawyers considering a career in corporate law,” Dakota writes, “building the skills necessary for success requires deliberate effort beyond the classroom. As businesses increasingly rely on legal counsel for strategic guidance, the role of corporate lawyers will only become more vital — positioning them not just as legal experts, but as indispensable business partners in driving commercial success.”