Wall St. vs. Bay St.

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JSC4
Posts: 29
Joined: Sat Mar 19, 2011 5:55 pm

Wall St. vs. Bay St.

Postby JSC4 » Sun Jul 17, 2011 11:47 pm

Posted this in lawstudents.ca but looking to see if anyone else here knows anything:

So i have recently been reading a lot of posts on the "Top Law Schools" forums and seeing as how I am mainly interested in Bay St (vs. Wall St.) I had a few questions about the differences:

1) In the US, associates at Big Law firms usually hang around for about 4 years and then are attacked by head hunters and leave to PI/Government/In house since the chance of making partner at one of these firms are very slim. My quesiton is, is Bay St. like this as well? Are most people only at Big Law in toronto for about 4 years?

2) How is the in house market in Toronto? Are a lot of companies hiring in house?

3) How difficult is it to make it to partner in Toronto?

Sorry, I am a bit of a newbie!

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thesealocust
Posts: 8446
Joined: Mon Oct 20, 2008 8:50 pm

Re: Wall St. vs. Bay St.

Postby thesealocust » Sun Jul 17, 2011 11:55 pm

There are law firms in Canada?

CanadianWolf
Posts: 10439
Joined: Wed Mar 24, 2010 4:54 pm

Re: Wall St. vs. Bay St.

Postby CanadianWolf » Mon Jul 18, 2011 12:39 pm

lawstudents.ca may be the better resource regarding Toronto law firms & legal opportunities in Canada. Many write that making partner in the Bay Street firms is much more likely than NYC biglaw. Also, after 3.5 years or so in NYC biglaw, many report that they are advised to start interviewing. It is more likely that NYC biglaw associates contacted the headhunters than vice-versa in this economy.




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