In-House at a Private Equity Firm? Forum

[Anonymous User]

What's this like, relative to work at a hedge fund or standard corporation?
At the GC/AGC level (I assume most don't have a large amount of legal staff), I assume most people are coming in from M&A backgrounds at Simpson/Kirkland/a few from Paul Weiss, Weil, Cleary, despite a few from Fund Formation-type backgrounds. Is that true?

Reason I ask, I got an internship with one in San Francisco, and am not sure what to expect/the full range of what I'll be doing. I'm trying to avoid Compliance-type roles. I think this might be somewhere I'd like to end up long-term after working at a firm but am not sure.

[Anonymous User]

What's this like, relative to work at a hedge fund or standard corporation?
At the GC/AGC level (I assume most don't have a large amount of legal staff), I assume most people are coming in from M&A backgrounds at Simpson/Kirkland/a few from Paul Weiss, Weil, Cleary, despite a few from Fund Formation-type backgrounds. Is that true?

Reason I ask, I got an internship with one in San Francisco, and am not sure what to expect/the full range of what I'll be doing. I'm trying to avoid Compliance-type roles. I think this might be somewhere I'd like to end up long-term after working at a firm but am not sure.

This is also relevant to my interests.

[Anonymous User]

What's this like, relative to work at a hedge fund or standard corporation?
At the GC/AGC level (I assume most don't have a large amount of legal staff), I assume most people are coming in from M&A backgrounds at Simpson/Kirkland/a few from Paul Weiss, Weil, Cleary, despite a few from Fund Formation-type backgrounds. Is that true?

Reason I ask, I got an internship with one in San Francisco, and am not sure what to expect/the full range of what I'll be doing. I'm trying to avoid Compliance-type roles. I think this might be somewhere I'd like to end up long-term after working at a firm but am not sure.

This is also relevant to my interests.

I work at one of the law firms where a majority of the firms clients are PE clients. no one here wants to exit to a PE shop. rumors is that they work you just as bad as biglaw but pay is worse, so really no point in exiting there. if the PE guys are staying up all night to do a deal im sure they'll make their lawyers stay up as well. for in house I would target more companies where the business folk tend to clock out at 5.

[Anonymous User]

I work at one of the law firms where a majority of the firms clients are PE clients. no one here wants to exit to a PE shop. rumors is that they work you just as bad as biglaw but pay is worse, so really no point in exiting there. if the PE guys are staying up all night to do a deal im sure they'll make their lawyers stay up as well. for in house I would target more companies where the business folk tend to clock out at 5.

OP. This is great, thanks.

If you don't mind my asking, where do most people from your firm end up leaving to? Public companies? Has anyone gone to a hedge fund, and would you expect that experience to be comparable to the private equity in-house experience?