Exit Options + lifestyle for Banking/Credit? Forum

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3L here. Just found out that I didn't get my first choice group (M&A) but got my second (banking/credit). What kind of work is this like for junior associates? Any decent exit options? I'm at a NY V30 that doesn't have a formal rotation system, and I selected practice group preferences mainly on personalities of the mid-level associates I met. It looks like the group mainly represents lending financial institutions, as opposed to borrowers. Any general information would be much appreciated. I looked through the Chambers practice group description, but it didn't seem very helpful. Also, not much in "search." Thank you again.

Structured Finance offers opportunities to move over to Investment Banking. Several attorneys for the defunct Thatcher Proffitt & Wood and Calwalader Wickersham & Taft moved over to major investment banks in VP or higher roles. There are also roles for compliance at Wall Street firms.

There are more former CWT and Thacher Proffitt associates working as baristas than as investment bankers. Worst post ever. A bunch of my friends got decimated. Don't give job advice if you don't work in the industry.

Seconded. To be clear, "investment banking" here means IBD Legal.