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Exit into funds

Posted: Sat Apr 12, 2014 12:09 pm
by Anonymous User
If someone wants to exit to a private equity/distressed debt fund (to a legal or finance position), would it be better to work at a specialist firm/a firm that makes associates specialize (Weil/Simpson) or a generalist firm (with top public M&A and securities practices and with smaller private equity/bankruptcy practices) where associates never have to specialize in any one area (S&C/Cravath)?

Re: Exit into funds

Posted: Sat Apr 12, 2014 12:30 pm
by Old Gregg
Not sure why you can't search, but here are two fairly recent threads. As I've said, if your goal is to work in PE, you shouldn't have gone to law school in the first place. Drop out and get an MBA. However, if you're now basically locked into big law, best path to being at a PE fund (though even then it's doubtful you'd get a job that gave you carry) is to be a superstar in a PE M&A practice (i.e., so good that you're actually considered on track to make equity partner) or a good lawyer in a funds practice.

http://www.top-law-schools.com/forums/v ... p#p7590827

http://www.top-law-schools.com/forums/v ... y#p7575182