Advise clients on how to set up the legal structure of a new company.
Are you interested in helping clients overcome complex and high-profile challenges? In joining a collaborative, team-focused culture spread around the world? In doing some of the best work of your life in an environment that encourages you to be you?
Our job simulation gives you a chance to learn more about our firm and the type of work we do. It’s part of our ongoing effort to develop and offer meaningful mentoring and training to our lawyers as well as to those just starting their legal careers.
It begins with you!
Learn more about our Emerging Companies Practice here →
This program was created by Latham & Watkins as an educational tool. The information contained on this platform should not be construed as legal advice. Should further analysis or explanation of the subject matter be required, please contact the lawyer with whom you normally consult. The invitation to contact is not a solicitation for legal work under the laws of any jurisdiction in which Latham lawyers are not authorized to practice.
This program is self-paced. It takes approximately 5-6 hours to complete.
Skills Learned:
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Advise a Client on Founder Allocation, Vesting and Acceleration
Prepare an email regarding the best approach to allocating shares, why vesting is important and what acceleration of vesting means. Spend 2-3 hours on this task.- Client communication
- Understanding common equity considerations for founders
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Incorporate Cool Corp.
Prepare the incorporation and founder documents for Cool Corp. Spend approx. 1-2 hours on this task.- Client communications
- Practice skills
- Familiarity with incorporation/founder docs
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Review a Venture Financing Term Sheet
Review Cool Corp.’s Series A Financing Term Sheet. Spend approx. 2 hours on this task.- Client communication
- Due diligence
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Review and Complete a Pro Forma
Prepare a pro forma capitalization table showing the ownership of Cool Corp. after the Series A investment led by Alpha Fund. Spend approx. 1 hour on this task.- Client communication
- Practice skills
- Due diligence
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Finish Line
