K&E investment funds group

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K&E investment funds group

Postby Anonymous User » Sat Sep 09, 2017 4:02 pm

Anyone have insight about their investment funds group's culture, hours, promotion prospects, anything else you think may be relevant?

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Re: K&E investment funds group

Postby Anonymous User » Sat Sep 09, 2017 4:46 pm

recruits laterals from crappy firms who are super happy to have a prestigious job; works people to the bone. Has a ton of junior associate worthless work (sub books, etc.). same awful bro culture as the rest of K&E except the work isnt actually interesting. The one investment funds partner in Houston is a complete psychopath. share partners constantly backstabbing one another. It's a bad part of K&E. That's saying something.

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Re: K&E investment funds group

Postby Anonymous User » Sat Sep 09, 2017 5:05 pm

Anonymous User wrote:recruits laterals from crappy firms who are super happy to have a prestigious job; works people to the bone. Has a ton of junior associate worthless work (sub books, etc.). same awful bro culture as the rest of K&E except the work isnt actually interesting. The one investment funds partner in Houston is a complete psychopath. share partners constantly backstabbing one another. It's a bad part of K&E. That's saying something.


Aren't they a market leader in fund formation work though? I suppose the critique on the work is a critique in general of fund formation work (although I find it more interesting than deal work). Can you give a bit more context of your view? Like are you at K&E? Do you have examples of share partners backstabbing eachother in that group?

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Re: K&E investment funds group

Postby Anonymous User » Sat Sep 09, 2017 5:09 pm

Anonymous User wrote:
Anonymous User wrote:recruits laterals from crappy firms who are super happy to have a prestigious job; works people to the bone. Has a ton of junior associate worthless work (sub books, etc.). same awful bro culture as the rest of K&E except the work isnt actually interesting. The one investment funds partner in Houston is a complete psychopath. share partners constantly backstabbing one another. It's a bad part of K&E. That's saying something.


Aren't they a market leader in fund formation work though? I suppose the critique on the work is a critique in general of fund formation work (although I find it more interesting than deal work). Can you give a bit more context of your view? Like are you at K&E? Do you have examples of share partners backstabbing eachother in that group?


I'm an associate at K&E (not the funds group) and can confirm everything but the share partners stuff. But all of the corporate work is boring as fuck, everyone gets worked to the bone and juniors always do boring shit.

It's also one of the best funds groups in the country so it's not a horrible place to start off. But it's a bit more of a niche practice to start off than say capital markets or M&A. So just make sure you like the practice e area.

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Re: K&E investment funds group

Postby Anonymous User » Sat Sep 09, 2017 5:17 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:recruits laterals from crappy firms who are super happy to have a prestigious job; works people to the bone. Has a ton of junior associate worthless work (sub books, etc.). same awful bro culture as the rest of K&E except the work isnt actually interesting. The one investment funds partner in Houston is a complete psychopath. share partners constantly backstabbing one another. It's a bad part of K&E. That's saying something.


Aren't they a market leader in fund formation work though? I suppose the critique on the work is a critique in general of fund formation work (although I find it more interesting than deal work). Can you give a bit more context of your view? Like are you at K&E? Do you have examples of share partners backstabbing eachother in that group?


I'm an associate at K&E (not the funds group) and can confirm everything but the share partners stuff. But all of the corporate work is boring as fuck, everyone gets worked to the bone and juniors always do boring shit.

It's also one of the best funds groups in the country so it's not a horrible place to start off. But it's a bit more of a niche practice to start off than say capital markets or M&A. So just make sure you like the practice e area.


Is there a difference based on office - e.g., NY or Chicago?

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Re: K&E investment funds group

Postby Anonymous User » Sat Sep 09, 2017 5:21 pm

Anonymous User wrote:recruits laterals from crappy firms who are super happy to have a prestigious job; works people to the bone. Has a ton of junior associate worthless work (sub books, etc.). same awful bro culture as the rest of K&E except the work isnt actually interesting. The one investment funds partner in Houston is a complete psychopath. share partners constantly backstabbing one another. It's a bad part of K&E. That's saying something.


example re: houston partner? is he even a share partner?

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Re: K&E investment funds group

Postby Anonymous User » Sat Sep 09, 2017 5:26 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:recruits laterals from crappy firms who are super happy to have a prestigious job; works people to the bone. Has a ton of junior associate worthless work (sub books, etc.). same awful bro culture as the rest of K&E except the work isnt actually interesting. The one investment funds partner in Houston is a complete psychopath. share partners constantly backstabbing one another. It's a bad part of K&E. That's saying something.


Aren't they a market leader in fund formation work though? I suppose the critique on the work is a critique in general of fund formation work (although I find it more interesting than deal work). Can you give a bit more context of your view? Like are you at K&E? Do you have examples of share partners backstabbing eachother in that group?


I'm an associate at K&E (not the funds group) and can confirm everything but the share partners stuff. But all of the corporate work is boring as fuck, everyone gets worked to the bone and juniors always do boring shit.

It's also one of the best funds groups in the country so it's not a horrible place to start off. But it's a bit more of a niche practice to start off than say capital markets or M&A. So just make sure you like the practice e area.


Is there a difference based on office - e.g., NY or Chicago?


NYC will always be worse. I would never want to be an associate in NYC.

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radio1nowhere

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Re: K&E investment funds group

Postby radio1nowhere » Sat Sep 09, 2017 5:43 pm

Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:recruits laterals from crappy firms who are super happy to have a prestigious job; works people to the bone. Has a ton of junior associate worthless work (sub books, etc.). same awful bro culture as the rest of K&E except the work isnt actually interesting. The one investment funds partner in Houston is a complete psychopath. share partners constantly backstabbing one another. It's a bad part of K&E. That's saying something.


Aren't they a market leader in fund formation work though? I suppose the critique on the work is a critique in general of fund formation work (although I find it more interesting than deal work). Can you give a bit more context of your view? Like are you at K&E? Do you have examples of share partners backstabbing eachother in that group?


I'm an associate at K&E (not the funds group) and can confirm everything but the share partners stuff. But all of the corporate work is boring as fuck, everyone gets worked to the bone and juniors always do boring shit.

It's also one of the best funds groups in the country so it's not a horrible place to start off. But it's a bit more of a niche practice to start off than say capital markets or M&A. So just make sure you like the practice e area.


Is there a difference based on office - e.g., NY or Chicago?

Yeah the DC group is pretty cool, and just hired a bunch of big Obama-era SEC names (Marian Fowler, Erica Jones, Alpa Patel). The culture is nothing like what others are saying ITT, but it's a very small group relative to other offices.

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Rahviveh

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Re: K&E investment funds group

Postby Rahviveh » Sun Sep 10, 2017 12:27 pm

You can't possibly find this stuff interesting. Please do something else with your life

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Re: K&E investment funds group

Postby Anonymous User » Sun Sep 10, 2017 12:47 pm

Rahviveh wrote:You can't possibly find this stuff interesting. Please do something else with your life


Some people do find it interesting. I personally like fund formation work a lot. The negotiation, complex tax structuring, rules and regulations, etc.

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Re: K&E investment funds group

Postby umichman » Sun Sep 10, 2017 1:19 pm

Rahviveh wrote:You can't possibly find this stuff interesting. Please do something else with your life


Out of boredom, i looked through some of your posts. It seems like you find almost all areas of law boring. There are definitely people who take what you say seriously, so saying that someone cannot possibly find something interesting is irresponsible.

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Rahviveh

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Re: K&E investment funds group

Postby Rahviveh » Sun Sep 10, 2017 1:44 pm

Anonymous User wrote:
Rahviveh wrote:You can't possibly find this stuff interesting. Please do something else with your life


Some people do find it interesting. I personally like fund formation work a lot. The negotiation, complex tax structuring, rules and regulations, etc.

Op, you will be negotiating stupid indemnities and reps in side letters for dozens of investors. It's the ultimate paper pushing job. Also why do you think you would be doing the complex tax structuring (whatever tf that means). The tax people will do that. You will be the monkey inputting their comments and relaying them to the client. Be honest with yourself.

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Rahviveh

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Re: K&E investment funds group

Postby Rahviveh » Sun Sep 10, 2017 1:46 pm

umichman wrote:
Rahviveh wrote:You can't possibly find this stuff interesting. Please do something else with your life


Out of boredom, i looked through some of your posts. It seems like you find almost all areas of law boring. There are definitely people who take what you say seriously, so saying that someone cannot possibly find something interesting is irresponsible.

I don't care about what someone from Michigan law has to say.

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deepseapartners

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Re: K&E investment funds group

Postby deepseapartners » Sun Sep 10, 2017 2:09 pm

Rahviveh wrote:
Anonymous User wrote:
Rahviveh wrote:You can't possibly find this stuff interesting. Please do something else with your life


Some people do find it interesting. I personally like fund formation work a lot. The negotiation, complex tax structuring, rules and regulations, etc.

Op, you will be negotiating stupid indemnities and reps in side letters for dozens of investors. It's the ultimate paper pushing job. Also why do you think you would be doing the complex tax structuring (whatever tf that means). The tax people will do that. You will be the monkey inputting their comments and relaying them to the client. Be honest with yourself.

Isn't this true of basically every area of transactional law though?

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Vincent Adultman

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Re: K&E investment funds group

Postby Vincent Adultman » Sun Sep 10, 2017 2:53 pm

deepseapartners wrote:
Rahviveh wrote:
Anonymous User wrote:
Rahviveh wrote:You can't possibly find this stuff interesting. Please do something else with your life


Some people do find it interesting. I personally like fund formation work a lot. The negotiation, complex tax structuring, rules and regulations, etc.

Op, you will be negotiating stupid indemnities and reps in side letters for dozens of investors. It's the ultimate paper pushing job. Also why do you think you would be doing the complex tax structuring (whatever tf that means). The tax people will do that. You will be the monkey inputting their comments and relaying them to the client. Be honest with yourself.

Isn't this true of basically every area of transactional law though?


Yes.

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Re: K&E investment funds group

Postby Anonymous User » Sun Sep 10, 2017 5:14 pm

Rahviveh wrote:
Anonymous User wrote:
Rahviveh wrote:You can't possibly find this stuff interesting. Please do something else with your life


Some people do find it interesting. I personally like fund formation work a lot. The negotiation, complex tax structuring, rules and regulations, etc.

Op, you will be negotiating stupid indemnities and reps in side letters for dozens of investors. It's the ultimate paper pushing job. Also why do you think you would be doing the complex tax structuring (whatever tf that means). The tax people will do that. You will be the monkey inputting their comments and relaying them to the client. Be honest with yourself.


What's your level of experience in this field? Be honest. If you think negotiating issues in side letters (especially with LP practice firms like Ropes and Jackson Walker) are about "stupid indemnities and reps" then that makes me think you have little experience. Side letter negotiations can include anything under the sun... recent hits include the amount of borrowing the fund can utilize (and what "borrowing" should mean for purposes of the limits), litigation disclosure, reporting (think ILPA), fund level investment restrictions with respect to geography, industry, etc., investment allocation if a manager has multiple funds, limits on a manager's debt fund making investments that conflict with a PE fund's companies interest (think a debt fund coming in with a conflicting agenda in bankruptcy to a PE fund's portfolio company)... it is actually pretty interesting from my perspective. Plus all the issues with AIFMD and marketing around the world, I see fund lawyers overseeing filings and compliance with Swiss, Korea, Japanese and other regs... Tax structuring can involve tons of parallel funds, downstream blockers, and all structured so the managers can get paid carried interest in a tax efficient way while certain investors can have options to make their investment through a blocked or unblocked entity... for the most part the tax lawyers tell the corporate lawyers what the issues are and then the corporate lawyers draft up a structure and run it by tax to make sure OK and then execute on it. None of it is cookie cutter. None of it is a bunch of forms you change for a deal. Based on the manager, investor base, strategy etc, and the SEC's focus on private funds... almost every fund involves thinking through complex issues. I have seen funds that have had to be drafted and structured as "sharia compliant" or evergreen and all the thought and initial drafting happens at the mid-level area. Sure you start as a junior reviewing subscription agreement questionnaires but I've seen that by year 2 or 3 fund lawyers are on calls with clients and negotiating while their peers in M&A are far from that level of responsibility.

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Re: K&E investment funds group

Postby RaceJudicata » Sun Sep 10, 2017 5:57 pm

Anonymous User wrote:
Rahviveh wrote:
Anonymous User wrote:
Rahviveh wrote:You can't possibly find this stuff interesting. Please do something else with your life


Some people do find it interesting. I personally like fund formation work a lot. The negotiation, complex tax structuring, rules and regulations, etc.

Op, you will be negotiating stupid indemnities and reps in side letters for dozens of investors. It's the ultimate paper pushing job. Also why do you think you would be doing the complex tax structuring (whatever tf that means). The tax people will do that. You will be the monkey inputting their comments and relaying them to the client. Be honest with yourself.


What's your level of experience in this field? Be honest. If you think negotiating issues in side letters (especially with LP practice firms like Ropes and Jackson Walker) are about "stupid indemnities and reps" then that makes me think you have little experience. Side letter negotiations can include anything under the sun... recent hits include the amount of borrowing the fund can utilize (and what "borrowing" should mean for purposes of the limits), litigation disclosure, reporting (think ILPA), fund level investment restrictions with respect to geography, industry, etc., investment allocation if a manager has multiple funds, limits on a manager's debt fund making investments that conflict with a PE fund's companies interest (think a debt fund coming in with a conflicting agenda in bankruptcy to a PE fund's portfolio company)... it is actually pretty interesting from my perspective. Plus all the issues with AIFMD and marketing around the world, I see fund lawyers overseeing filings and compliance with Swiss, Korea, Japanese and other regs... Tax structuring can involve tons of parallel funds, downstream blockers, and all structured so the managers can get paid carried interest in a tax efficient way while certain investors can have options to make their investment through a blocked or unblocked entity... for the most part the tax lawyers tell the corporate lawyers what the issues are and then the corporate lawyers draft up a structure and run it by tax to make sure OK and then execute on it. None of it is cookie cutter. None of it is a bunch of forms you change for a deal. Based on the manager, investor base, strategy etc, and the SEC's focus on private funds... almost every fund involves thinking through complex issues. I have seen funds that have had to be drafted and structured as "sharia compliant" or evergreen and all the thought and initial drafting happens at the mid-level area. Sure you start as a junior reviewing subscription agreement questionnaires but I've seen that by year 2 or 3 fund lawyers are on calls with clients and negotiating while their peers in M&A are far from that level of responsibility.


In other words, Rahviveh nailed it.

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Re: K&E investment funds group

Postby Anonymous User » Sun Sep 10, 2017 6:01 pm

RaceJudicata wrote:
Anonymous User wrote:
Rahviveh wrote:
Anonymous User wrote:
Rahviveh wrote:You can't possibly find this stuff interesting. Please do something else with your life


Some people do find it interesting. I personally like fund formation work a lot. The negotiation, complex tax structuring, rules and regulations, etc.

Op, you will be negotiating stupid indemnities and reps in side letters for dozens of investors. It's the ultimate paper pushing job. Also why do you think you would be doing the complex tax structuring (whatever tf that means). The tax people will do that. You will be the monkey inputting their comments and relaying them to the client. Be honest with yourself.


What's your level of experience in this field? Be honest. If you think negotiating issues in side letters (especially with LP practice firms like Ropes and Jackson Walker) are about "stupid indemnities and reps" then that makes me think you have little experience. Side letter negotiations can include anything under the sun... recent hits include the amount of borrowing the fund can utilize (and what "borrowing" should mean for purposes of the limits), litigation disclosure, reporting (think ILPA), fund level investment restrictions with respect to geography, industry, etc., investment allocation if a manager has multiple funds, limits on a manager's debt fund making investments that conflict with a PE fund's companies interest (think a debt fund coming in with a conflicting agenda in bankruptcy to a PE fund's portfolio company)... it is actually pretty interesting from my perspective. Plus all the issues with AIFMD and marketing around the world, I see fund lawyers overseeing filings and compliance with Swiss, Korea, Japanese and other regs... Tax structuring can involve tons of parallel funds, downstream blockers, and all structured so the managers can get paid carried interest in a tax efficient way while certain investors can have options to make their investment through a blocked or unblocked entity... for the most part the tax lawyers tell the corporate lawyers what the issues are and then the corporate lawyers draft up a structure and run it by tax to make sure OK and then execute on it. None of it is cookie cutter. None of it is a bunch of forms you change for a deal. Based on the manager, investor base, strategy etc, and the SEC's focus on private funds... almost every fund involves thinking through complex issues. I have seen funds that have had to be drafted and structured as "sharia compliant" or evergreen and all the thought and initial drafting happens at the mid-level area. Sure you start as a junior reviewing subscription agreement questionnaires but I've seen that by year 2 or 3 fund lawyers are on calls with clients and negotiating while their peers in M&A are far from that level of responsibility.


In other words, Rahviveh nailed it.


I guess if "stupid indemnities and reps" = what I wrote then sure draw that conclusion.

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LaLiLuLeLo

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Re: K&E investment funds group

Postby LaLiLuLeLo » Sun Sep 10, 2017 6:05 pm

Most transactional work is pretty uninteresting, but some practices are certainly worse than others. Fund formation and structured finance come to mind - same shit, different deals. It's very rote. If you have to number your deals that's a sure sign it's boring as hell.

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Rahviveh

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Re: K&E investment funds group

Postby Rahviveh » Sun Sep 10, 2017 9:09 pm

Anonymous User wrote:What's your level of experience in this field? Be honest. If you think negotiating issues in side letters (especially with LP practice firms like Ropes and Jackson Walker) are about "stupid indemnities and reps" then that makes me think you have little experience. Side letter negotiations can include anything under the sun... recent hits include the amount of borrowing the fund can utilize (and what "borrowing" should mean for purposes of the limits), litigation disclosure, reporting (think ILPA), fund level investment restrictions with respect to geography, industry, etc., investment allocation if a manager has multiple funds, limits on a manager's debt fund making investments that conflict with a PE fund's companies interest (think a debt fund coming in with a conflicting agenda in bankruptcy to a PE fund's portfolio company)... it is actually pretty interesting from my perspective. Plus all the issues with AIFMD and marketing around the world, I see fund lawyers overseeing filings and compliance with Swiss, Korea, Japanese and other regs...

You are just listing a bunch of issues and shit without discussing the actual work product.... the work product = bitch work = a big matrix or spreadsheet with "everything under the sun" as you put it for 100 investors, and figuring out WHATS MARKET and what we can GIVE = recording everything and compiling everything in binders for easy reference, that i nreality, nobody really wants to look at anyways (and will probably call and email you to explain shit since they dont want to read it)

Anonymous User wrote: Tax structuring can involve tons of parallel funds, downstream blockers, and all structured so the managers can get paid carried interest in a tax efficient way while certain investors can have options to make their investment through a blocked or unblocked entity... for the most part the tax lawyers tell the corporate lawyers what the issues are and then the corporate lawyers draft up a structure and run it by tax to make sure OK and then execute on it.


"Draft up a structure" = drafting an LPA, possibly the most boring document in biglaw, setting defined terms and arguing over stupid shit, and then all the ancillary documents, adn doing that for every parallel fund, AIV, blocker... LOL at thinking thats interesting. look up an LPA and see if you can read it for more than 10 minutes without dozing off. the specialists will handle any actual substantvie issues. you are a MONKEY.

None of it is cookie cutter. None of it is a bunch of forms you change for a deal. Based on the manager, investor base, strategy etc, and the SEC's focus on private funds... almost every fund involves thinking through complex issues. I have seen funds that have had to be drafted and structured as "sharia compliant" or evergreen and all the thought and initial drafting happens at the mid-level area. Sure you start as a junior reviewing subscription agreement questionnaires but I've seen that by year 2 or 3 fund lawyers are on calls with clients and negotiating while their peers in M&A are far from that level of responsibility.


OP if you got through this guys post without your eyes glazing over. maybe this is the right group for you!

AANNOONN1234

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Re: K&E investment funds group

Postby AANNOONN1234 » Mon Sep 11, 2017 8:21 am

Some people get great satisfaction from working through dry and complex material. Knowing you have the mental stamina to work through material almost no one can approach because it's too boring and being able to explain it in a way that cuts through the bullshit and jargon is satisfying. People have different definitions of "satisfying" or "meaningful."

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Re: K&E investment funds group

Postby SLS_AMG » Mon Sep 11, 2017 8:37 am

Rahviveh wrote:
Anonymous User wrote:What's your level of experience in this field? Be honest. If you think negotiating issues in side letters (especially with LP practice firms like Ropes and Jackson Walker) are about "stupid indemnities and reps" then that makes me think you have little experience. Side letter negotiations can include anything under the sun... recent hits include the amount of borrowing the fund can utilize (and what "borrowing" should mean for purposes of the limits), litigation disclosure, reporting (think ILPA), fund level investment restrictions with respect to geography, industry, etc., investment allocation if a manager has multiple funds, limits on a manager's debt fund making investments that conflict with a PE fund's companies interest (think a debt fund coming in with a conflicting agenda in bankruptcy to a PE fund's portfolio company)... it is actually pretty interesting from my perspective. Plus all the issues with AIFMD and marketing around the world, I see fund lawyers overseeing filings and compliance with Swiss, Korea, Japanese and other regs...

You are just listing a bunch of issues and shit without discussing the actual work product.... the work product = bitch work = a big matrix or spreadsheet with "everything under the sun" as you put it for 100 investors, and figuring out WHATS MARKET and what we can GIVE = recording everything and compiling everything in binders for easy reference, that i nreality, nobody really wants to look at anyways (and will probably call and email you to explain shit since they dont want to read it)

Anonymous User wrote: Tax structuring can involve tons of parallel funds, downstream blockers, and all structured so the managers can get paid carried interest in a tax efficient way while certain investors can have options to make their investment through a blocked or unblocked entity... for the most part the tax lawyers tell the corporate lawyers what the issues are and then the corporate lawyers draft up a structure and run it by tax to make sure OK and then execute on it.


"Draft up a structure" = drafting an LPA, possibly the most boring document in biglaw, setting defined terms and arguing over stupid shit, and then all the ancillary documents, adn doing that for every parallel fund, AIV, blocker... LOL at thinking thats interesting. look up an LPA and see if you can read it for more than 10 minutes without dozing off. the specialists will handle any actual substantvie issues. you are a MONKEY.

None of it is cookie cutter. None of it is a bunch of forms you change for a deal. Based on the manager, investor base, strategy etc, and the SEC's focus on private funds... almost every fund involves thinking through complex issues. I have seen funds that have had to be drafted and structured as "sharia compliant" or evergreen and all the thought and initial drafting happens at the mid-level area. Sure you start as a junior reviewing subscription agreement questionnaires but I've seen that by year 2 or 3 fund lawyers are on calls with clients and negotiating while their peers in M&A are far from that level of responsibility.


OP if you got through this guys post without your eyes glazing over. maybe this is the right group for you!


I bet you have a lot of friends.

liam31

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Re: K&E investment funds group

Postby liam31 » Mon Sep 11, 2017 9:49 am

AANNOONN1234 wrote:Some people get great satisfaction from working through dry and complex material. Knowing you have the mental stamina to work through material almost no one can approach because it's too boring and being able to explain it in a way that cuts through the bullshit and jargon is satisfying. People have different definitions of "satisfying" or "meaningful."


I agree with this. Plus, I feel like a lot of work satisfaction is tied to the people you work with as well. Fund formation lawyers seem to me to be a little less intense (both work hours and personality wise) then deal lawyers. But that was just my impression.

TheSpecialist

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Re: K&E investment funds group

Postby TheSpecialist » Mon Sep 11, 2017 10:57 am

Rahviveh wrote:
Anonymous User wrote:
Rahviveh wrote:You can't possibly find this stuff interesting. Please do something else with your life


Some people do find it interesting. I personally like fund formation work a lot. The negotiation, complex tax structuring, rules and regulations, etc.

Op, you will be negotiating stupid indemnities and reps in side letters for dozens of investors. It's the ultimate paper pushing job. Also why do you think you would be doing the complex tax structuring (whatever tf that means). The tax people will do that. You will be the monkey inputting their comments and relaying them to the client. Be honest with yourself.



Just lol at any transactional attorney trying to talk crap about another group because its "paper pushing" or it's "monkey" work. Newsflash: That's all transactional work, particularly at the junior associate level. The business people are in charge and you're just there to paper the deal. It's all boring to the average person and everyone has varying interests in what they can tolerate or ideally find somewhat interesting. Because getting signature pages and sitting on 4 hour diligence calls, the majority of which you're simply introducing the various specialists/managing time is SOO incredibly important and interesting.

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Re: K&E investment funds group

Postby Anonymous User » Mon Sep 11, 2017 2:11 pm

TheSpecialist wrote:
Rahviveh wrote:
Anonymous User wrote:
Rahviveh wrote:You can't possibly find this stuff interesting. Please do something else with your life


Some people do find it interesting. I personally like fund formation work a lot. The negotiation, complex tax structuring, rules and regulations, etc.

Op, you will be negotiating stupid indemnities and reps in side letters for dozens of investors. It's the ultimate paper pushing job. Also why do you think you would be doing the complex tax structuring (whatever tf that means). The tax people will do that. You will be the monkey inputting their comments and relaying them to the client. Be honest with yourself.



Just lol at any transactional attorney trying to talk crap about another group because its "paper pushing" or it's "monkey" work. Newsflash: That's all transactional work, particularly at the junior associate level. The business people are in charge and you're just there to paper the deal. It's all boring to the average person and everyone has varying interests in what they can tolerate or ideally find somewhat interesting. Because getting signature pages and sitting on 4 hour diligence calls, the majority of which you're simply introducing the various specialists/managing time is SOO incredibly important and interesting.


As someone that has been considering taking the jump to leave law entirely (no debt 3rd year), I get the following response from many of my friends in law/accounting/finance: all work sucks to some degree.

Do we just harp on how meaningless legal work is because most work, in every field, is meaningless? Or do we actually have it worse?

Not asking to stir the pot - asking because I dwell on this life altering decision every single day.



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