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Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 07, 2014 1:26 pm
by Anonymous User
Hey guys. I'm still waiting on some places to trickle in, but for now I'm making a choice between FF and SRZ. I'm interested in transactional work generally but beyond that, not sure (maybe M&A, Real Estate, or Tax - it seemed like the firms are strong in the same areas but that FF is better in all except investment fund stuff). FF seemed a bit "stiff" but other than that I had pretty similar impressions of the cultures on net, though FF seemed a little more laid back. I'm mostly looking for best quality of experience/exit opps. I have one concern in that over the past year or so, I've heard some instability rumors regarding FF, so if true, that's a concern (I'm going to talk to CSO and try to get in touch with FF alums of my school to determine whether it's true).
Eta: dechert offer.
Re: Schulte v. Fried Frank
Posted: Sun Sep 07, 2014 6:19 pm
by Swimp
Do you have a strong interest in hedge fund work? If not, FF seems like the pretty clear choice here. I'm actually a little surprised the voting is so even.
Re: Schulte v. Fried Frank
Posted: Mon Sep 08, 2014 9:29 am
by Anonymous User
bump. Rationale behind the SRZ votes?
Re: Schulte v. Fried Frank
Posted: Mon Sep 08, 2014 10:17 am
by Anonymous User
Also, and I don't mean to come off as entitled, but should I do my scheduled callbacks at Dechert and McDermott NY? I'm not really sure where those two fall on the spectrum.
Re: Schulte v. Fried Frank
Posted: Mon Sep 08, 2014 10:33 am
by Swimp
Anonymous User wrote:Also, and I don't mean to come off as entitled, but should I do my scheduled callbacks at Dechert and McDermott NY? I'm not really sure where those two fall on the spectrum.
It wouldn't be crazy to take either of those places over FF or SRZ. I'd do the callbacks.
Re: Schulte v. Fried Frank
Posted: Mon Sep 08, 2014 11:08 am
by hephaestus
Swimp wrote:Do you have a strong interest in hedge fund work? If not, FF seems like the pretty clear choice here. I'm actually a little surprised the voting is so even.
I think FF is the better choice, unless you really want to do funds work. FF has a top notch corporate practice in NYC that is not properly reflected in its Vault ranking. Additionally, they have consistently given 100% offers.
Re: Schulte v. Fried Frank
Posted: Mon Sep 08, 2014 12:26 pm
by Anonymous User
ImNoScar wrote:Swimp wrote:Do you have a strong interest in hedge fund work? If not, FF seems like the pretty clear choice here. I'm actually a little surprised the voting is so even.
I think FF is the better choice, unless you really want to do funds work. FF has a top notch corporate practice in NYC that is not properly reflected in its Vault ranking. Additionally, they have consistently given 100% offers.
OK cool I didn't find offer rates. Schulte is high but they no offered someone last year
Re: Schulte v. Fried Frank v Dechert
Posted: Thu Sep 11, 2014 3:06 pm
by Anonymous User
Bump for new offer.
Re: Schulte v. Fried Frank
Posted: Thu Sep 11, 2014 3:11 pm
by Anonymous User
Fried Frank probably gives you the best overall transactional practice. Schulte for funds work. Would probably take both over dechert, don't know much about them.
Re: Schulte v. Fried Frank v. Dechert
Posted: Fri Sep 12, 2014 9:52 pm
by Anonymous User
bump
Re: Schulte v. Fried Frank v. Dechert
Posted: Sat Sep 13, 2014 11:17 am
by Anonymous User
If you want a shot at doing developer-side real estate work, FF is the only one of these firms that does that. SRZ and Dechert are both on the financing/securitization side.
Re: Schulte v. Fried Frank v. Dechert
Posted: Sat Sep 13, 2014 11:30 am
by Anonymous User
Anonymous User wrote:If you want a shot at doing developer-side real estate work, FF is the only one of these firms that does that. SRZ and Dechert are both on the financing/securitization side.
I'm probably leaning more toward transactional stuff, but I really like that FF works a lot with GS. Other main considerations are lateral opportunities and job security/offer rates.
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 10:56 am
by Anonymous User
I had the exact same offers as you OP and chose FF. My rationale was aligned with what a couple of the posters here have said and seems to be what you are thinking as well - I am interested in transactional generally but can't say what exactly. I think FF is more well-regarded in a breadth of corp transactional practice areas whereas Schulte is almost exclusively funds. Also think FF has better rep in NY than it might seem like for exit opps.
I was concerned about the partner defections though. Hopefully with new head of the firm things will start trending in a better direction.
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 11:02 am
by Mal Reynolds
If you're not operating at the top of the funds game then you might as well go to med school.
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 11:24 am
by Anonymous User
Mal Reynolds wrote:If you're not operating at the top of the funds game then you might as well go to med school.
what?
Anonymous User wrote:I had the exact same offers as you OP and chose FF. My rationale was aligned with what a couple of the posters here have said and seems to be what you are thinking as well - I am interested in transactional generally but can't say what exactly. I think FF is more well-regarded in a breadth of corp transactional practice areas whereas Schulte is almost exclusively funds. Also think FF has better rep in NY than it might seem like for exit opps.
I was concerned about the partner defections though. Hopefully with new head of the firm things will start trending in a better direction.
Thanks, it sounds like you and I have similar interests/concerns. I was also worried about the whole Greenwald/Jacob changeover. Are you a 2L or are you already at the firm?
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 11:36 am
by Anonymous User
Anonymous User wrote:
Anonymous User wrote:I had the exact same offers as you OP and chose FF. My rationale was aligned with what a couple of the posters here have said and seems to be what you are thinking as well - I am interested in transactional generally but can't say what exactly. I think FF is more well-regarded in a breadth of corp transactional practice areas whereas Schulte is almost exclusively funds. Also think FF has better rep in NY than it might seem like for exit opps.
I was concerned about the partner defections though. Hopefully with new head of the firm things will start trending in a better direction.
Thanks, it sounds like you and I have similar interests/concerns. I was also worried about the whole Greenwald/Jacob changeover. Are you a 2L or are you already at the firm?
I'm a 2L. Just accepted my offer this week.
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 11:42 am
by FKASunny
You'd be a fool not to accept the Schulte offer
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 11:57 am
by Anonymous User
FKASunny wrote:You'd be a fool not to accept the Schulte offer
Is this just srz trolling or do you have real reasons?
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 12:07 pm
by Mal Reynolds
Anonymous User wrote:FKASunny wrote:You'd be a fool not to accept the Schulte offer
Is this just srz trolling or do you have real reasons?
DROVES of FUNDS
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 5:23 pm
by Anonymous User
Anonymous User wrote:FKASunny wrote:You'd be a fool not to accept the Schulte offer
Is this just srz trolling or do you have real reasons?
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 5:24 pm
by Mal Reynolds
Mal Reynolds wrote:Anonymous User wrote:FKASunny wrote:You'd be a fool not to accept the Schulte offer
Is this just srz trolling or do you have real reasons?
DROVES of FUNDS
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 9:00 pm
by Anonymous User
I hate that you got offers at the only NY firms I had cbs with and was rejected from. but go with Fried Frank.
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 9:47 pm
by Anonymous User
Mal Reynolds wrote:Mal Reynolds wrote:Anonymous User wrote:FKASunny wrote:You'd be a fool not to accept the Schulte offer
Is this just srz trolling or do you have real reasons?
DROVES of FUNDS
to be clear, second anon was not me (OP)
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 9:56 pm
by hephaestus
Anonymous User wrote:
Eta: dechert offer.
I don't think Dechert changes this equation at all, and I would still stick to FF.
Re: Schulte v. Fried Frank v. Dechert
Posted: Sun Sep 14, 2014 10:07 pm
by mvp99
Obvissssss Schulte