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Hey all. Would like to tap the collective wisdom of TLS regarding the differences and respective benefits of exit options of M&A versus Tax associates.

M&A no brainer if you want in house. While there is some tax in house, it is much more limited.

Exit from tax is probably Big 4 or other accounting firms (which is slightly better QOL than big law), or maybe govt depending upon type of tax work.

Anonymous User wrote:M&A no brainer if you want in house. While there is some tax in house, it is much more limited.

Exit from tax is probably Big 4 or other accounting firms (which is slightly better QOL than big law), or maybe govt depending upon type of tax work.

I think this overstates the advantage of M&A over tax for in house. Yes, far more M&A associates work in house, but there are also far more M&A associates overall. I don't think it's obvious that tax doesn't have the same ratio of outside counsel to in house.

Anonymous User wrote:M&A no brainer if you want in house. While there is some tax in house, it is much more limited.

Exit from tax is probably Big 4 or other accounting firms (which is slightly better QOL than big law), or maybe govt depending upon type of tax work.

From what I've seen, attorneys who exit into good big4 groups (WNT, Int'l, certain M&A groups) tend to have pretty ok QoL. It's the CPA tax/audit drones who get reamed for 50k a year.

dabigchina wrote:

Anonymous User wrote:M&A no brainer if you want in house. While there is some tax in house, it is much more limited.

Exit from tax is probably Big 4 or other accounting firms (which is slightly better QOL than big law), or maybe govt depending upon type of tax work.

From what I've seen, attorneys who exit into good big4 groups (WNT, Int'l, certain M&A groups) tend to have pretty ok QoL. It's the CPA tax/audit drones who get reamed for 50k a year.

Tax also has a disproportional amount of boutiques that combine OK pay with OK hours. And biglaw tax practice is supposedly more humane if you want to stick with that.