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I'm deciding between an offer at a V4 and a V15, both NYC. Interested in corporate. I like the V15 a lot more and think I'd be happier there long-term, but I really have no desire to work at either firm longer than 5 years.

In this case, would it be a bad idea to choose the V15 over the V4? Is it reasonable to assume the V4 would have better exit options? If not, how do I find this information out?

Anonymous User wrote:I'm deciding between an offer at a V4 and a V15, both NYC. Interested in corporate. I like the V15 a lot more and think I'd be happier there long-term, but I really have no desire to work at either firm longer than 5 years.

In this case, would it be a bad idea to choose the V15 over the V4? Is it reasonable to assume the V4 would have better exit options? If not, how do I find this information out?

lol at v4

Anonymous User wrote:I'm deciding between an offer at a V4 and a V15, both NYC. Interested in corporate. I like the V15 a lot more and think I'd be happier there long-term, but I really have no desire to work at either firm longer than 5 years.

In this case, would it be a bad idea to choose the V15 over the V4? Is it reasonable to assume the V4 would have better exit options? If not, how do I find this information out?

Enjoy SullCrom.

Edit: Don't enjoy SullCrom. Go where you think you'll be happy.

They do correlate. The vault rankings are directly correlated to the investment banks. If you go to Wachtell you can basically exit to any investment bank. But if you choose Cravath, then Blackstone group is out of the question.

mvp99 wrote:They do correlate. The vault rankings are directly correlated to the investment banks. If you go to Wachtell you can basically exit to any investment bank. But if you choose Cravath, then Blackstone group is out of the question.

Correct. Although, as a general proposition, vault rankings cleanly correlate with exit options, one notable exception is Schutle, which leads to exit options that are equal to (or better than) the ones you would have coming out of WLRK.

rpupkin wrote:

mvp99 wrote:They do correlate. The vault rankings are directly correlated to the investment banks. If you go to Wachtell you can basically exit to any investment bank. But if you choose Cravath, then Blackstone group is out of the question.

Correct. Although, as a general proposition, vault rankings cleanly correlate with exit options, one notable exception is Schutle, which leads to exit options that are equal to (or better than) the ones you would have coming out of WLRK.

Schulte or bust

If you definitely want to do corporate, Skadden/Cravath/Sullcrom will probably do you better than Latham, GDC PW.

JamMasterJ wrote:If you definitely want to do corporate, Skadden/Cravath/Sullcrom will probably do you better than Latham, GDC PW.

But Skadden isn't V4. So strike Skadden and substitute Schulte.

Are Cravath exit options materially different from KE's exit options in Chicago or Latham's exit options in LA? Corporate. I have no idea what I want in life so I just want to be flexible and have options.

SLS_AMG wrote:

JamMasterJ wrote:If you definitely want to do corporate, Skadden/Cravath/Sullcrom will probably do you better than Latham, GDC PW.

But Skadden isn't V4. So strike Skadden and substitute Schulte.

TLS is going to singlehandedly be responsibly for bumping up Schulte at least 50 points in the next Vault Poll

Slightly off-topic, but in terms of sheer prestige ( I know nothing about exit options) I think people should emphasize V15 instead of V10 - I fail to see how Covington and GDC are less prestigious than Kirkland.

TFALAWL wrote:Slightly off-topic, but in terms of sheer prestige ( I know nothing about exit options) I think people should emphasize V15 instead of V10 - I fail to see how Covington and GDC are less prestigious than Kirkland.

MARKET SHATTERING BONUSES are easily worth that V9, tho. Bro what are you talking about

TFALAWL wrote:Slightly off-topic, but in terms of sheer prestige ( I know nothing about exit options) I think people should emphasize V15 instead of V10 - I fail to see how Covington and GDC are less prestigious than Kirkland.

GDC is equivalent in prestige to Kirkland. Covington might as well be V50.

HTH

we all know it's v1 > V2-7 > V8 is actually v15 > Schulte > V9-etc.

sincerely, MVP99

Anonymous User wrote:we all know it's v1 > V2-7 > V8 is actually v15 > Schulte > V9-etc.

Tbh I feel it should be more bifurcated... V1-10+Schulte if in hedgefund group > V11-40 > Schulte if not

SLS_AMG wrote:

JamMasterJ wrote:If you definitely want to do corporate, Skadden/Cravath/Sullcrom will probably do you better than Latham, GDC PW.

But Skadden isn't V4. So strike Skadden and substitute Schulte.

Honest question: why so much Skadden hate on TLS?

Anonymous User wrote:

Anonymous User wrote:we all know it's v1 > V2-7 > V8 is actually v15 > Schulte > V9-etc.

Tbh I feel it should be more bifurcated... V1-10+Schulte if in hedgefund group > V11-40 > Schulte if not

Thanks for your honesty. I think, however, you undervalue Schulte's influence in the hedge fund world. To illustrate, there's a joke that's been making the rounds in the elite hedge fund circles in which I travel:

Q: What do you call a third-year associate at Schulte?

A: in-house counsel at Goldman Sachs!

Try that same joke using another firm--say, a V4 or a V7--and it just doesn't work.

Anonymous User wrote: Honest question: why so much Skadden hate on TLS?

Because Skadden is such a sweatshop that its associates don't have time to engage in pro-Skadden trolling on TLS.

Anonymous User wrote:Are Cravath exit options materially different from KE's exit options in Chicago or Latham's exit options in LA? Corporate. I have no idea what I want in life so I just want to be flexible and have options.

All Schulte, all the time.

Anonymous User wrote:

SLS_AMG wrote:

JamMasterJ wrote:If you definitely want to do corporate, Skadden/Cravath/Sullcrom will probably do you better than Latham, GDC PW.

But Skadden isn't V4. So strike Skadden and substitute Schulte.

Honest question: why so much Skadden hate on TLS?

Because we all turned down Skadden for either Cravath or Schulte.

Anonymous User wrote:

SLS_AMG wrote:

JamMasterJ wrote:If you definitely want to do corporate, Skadden/Cravath/Sullcrom will probably do you better than Latham, GDC PW.

But Skadden isn't V4. So strike Skadden and substitute Schulte.

Honest question: why so much Skadden hate on TLS?

First, I'm pretty sure AMG was making a Schulte troll joke, not seriously digging Skadden. Second, it's not really "hate," just a projection of the same exclusivity-obsession that dominates this board. Skadden's a huge firm and it receives a higher vault ranking than its perceived selectivity would otherwise suggest. And third, yea, people have died of overworking in Skadden offices and it kind of represents "big law" in all its sweatshop monstrosity, even though I highly doubt its worse than the other firms in its tier.

What exactly do hedge fund lawyers do? Is it the same as capital markets because if so I have no idea why hedge fund work is considered sexy

Rahviveh wrote:What exactly do hedge fund lawyers do? Is it the same as capital markets because if so I have no idea why hedge fund work is considered sexy

If you have to ask this question then you would never understand the answer. It's like taking the most prestigious elements of law, the most prestigious elements of finance, and then mixing the two together into an exit-option elixir.

rpupkin wrote:

Rahviveh wrote:What exactly do hedge fund lawyers do? Is it the same as capital markets because if so I have no idea why hedge fund work is considered sexy

If you have to ask this question then you would never understand the answer. It's like taking the most prestigious elements of law, the most prestigious elements of finance, and then mixing the two together into an exit-option elixir.

Who are Schulte's peer firms in HF work?

WHJTMG178 wrote: Who are Schulte's peer firms in HF work?

http://dictionary.reference.com/browse/peerless