Corporate M&A: NYC v. Secondary
Posted: Sat Apr 07, 2012 1:28 pm
I'd like to do corporate work, preferable M&A, and I'm quite flexible (i.e. indecisive) in terms of which market I'd like to end up in. I'm from the Western US suburbs, and would've never thought of working in NYC, but as I've gotten serious about M&A, and realized I might have the credentials to qualify for it, I'm looking into making my big push for NYC BigLaw.
My question is whether the benefits of NYC Corporate Law outweigh the downsides, relative to similar work in large secondary markets.
To explain, I know NYC Corp. M&A is going to be higher-profile, higher-volume, more sophisticated, and will carry some marketable prestige for the exit. But at the same time, to me that sounds like you're working on a huge, highly-leveraged team, with a small, niche role (not of your choice), with no client interaction and little partner interaction. Does not sound like awesome career experience.
On the other hand, in a secondary market, such as, say Dallas or DC, you're going to have smaller, lower-profile deals, but you're going to be working on a smaller team and hopefully having a more substantive role in transactions earlier in your career.
Setting aside the notable COL and hours difference, what is the advantage of working in NYC, from a career standpoint?
My question is whether the benefits of NYC Corporate Law outweigh the downsides, relative to similar work in large secondary markets.
To explain, I know NYC Corp. M&A is going to be higher-profile, higher-volume, more sophisticated, and will carry some marketable prestige for the exit. But at the same time, to me that sounds like you're working on a huge, highly-leveraged team, with a small, niche role (not of your choice), with no client interaction and little partner interaction. Does not sound like awesome career experience.
On the other hand, in a secondary market, such as, say Dallas or DC, you're going to have smaller, lower-profile deals, but you're going to be working on a smaller team and hopefully having a more substantive role in transactions earlier in your career.
Setting aside the notable COL and hours difference, what is the advantage of working in NYC, from a career standpoint?