Top Law Schools

Just curious where the top bankruptcy lawyers (Weil, Kirkland, Skadden) go after working their 4-5 years to get experience. I assume the attrition rate is as high as it is in other groups since the hours in elite BK groups anecdotally is 2600-3000/yr.

top public m&a --> lower firm, in house (particularly at f500), maybe IBD associate
top capital markets --> lower firm, in house (particularly at banks)
top PE m&a --> lower firm, in house (at banks, and maybe a fund)
top Lit --> lower firm, public interest, botique, midlaw, fedgov
top restructuring--> lower firm, ????????????

i know a few that transitioned into business roles. restructuring is much more driven by the legal aspects than other areas, and thus having a legal background in it is very useful in the business role. the guys i know weren't even from top shops (the ones you listed) but came from second-tier nyc practices.

so it's possible to go:

4-5 years top bankruptcy group (Weil/K&E) --> restructuring banking --> M7 MBA --> Associate at Distressed Asset Hedge Fund??

Granted you'd be like 35 by the time you got their.

Anonymous User wrote:so it's possible to go:

4-5 years top bankruptcy group (Weil/K&E) --> restructuring banking --> M7 MBA --> Associate at Distressed Asset Hedge Fund??

Granted you'd be like 35 by the time you got their.

You wouldn't need to be an MBA. And 35 is only old if you're a K-JD (which, in turn, would decrease your odds of pulling this off).

Skadde is band 1 for restructuring in Chambers brah

So is Davis Polk. Your point???

I think you'd still need an m7 MBA for ^^^^ path to banking/buy side

Anonymous User wrote:I think you'd still need an m7 MBA for ^^^^ path to banking/buy side

An MBA would be a waste of time or money for a midcareer professional switching sides in bankruptcy. The credential you need is your experience in bankruptcy legal work, not 2 years of boozing and shmoozing.