It can be a little boring if nothing is going on. My first day of clinical on L&D there were no deliveries, just some moms in very early labor. I watched the strips at the nurse's station and correlated them to what we'd learned in class (figured out the fetal heart rate, assessed variability, monitored for early/late/variable decels, figured out duration and frequency of contractions). My instructor also had us go over our patient's charts with her one on one and look for things that we would flag as putting mom or baby at risk (GBS+ status, RH- mom, PROM, HIV status, level of prenatal care, results of glucose tolerance test, how close mom was to due date, etc.) It was actually nice to have a slow first day because it really helped to bring everything we'd learned in class forward with actual patients, but without the stress of doing that while monitoring a mom in active labor or doing newborn care.
My second day I got to see a C-section delivery of twins which was amazing! We did newborn care (injections, assessment, vitals) and monitored the babies and mom with the RN until they got transferred to the postpartum unit. It was really intense to be put in charge of making sure this baby didn't get too cold, was eating, was getting it's little heart rate/respiratory rate assessed every 15 minutes, etc. and felt like a much bigger responsibility than anything I'd ever done before. I really enjoyed it though. My second time around in L&D, I got to see a vaginal birth and do newborn care again. Again, a huge privilege and responsibility to get to witness that and to be involved in such a big day for that family