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I have a lateral offer from one of the finance subgroups (not project finance). Anyone have insight on culture, hours, firm health, the office move, etc.?

Weighing it against another firm and already met with most of the associates. Please don't quote me. TIA

LA associate here. Their new office is looking AMAZING. Firm health couldn't be better; my practice group (transactional side) just had our monthly meeting and the partner in charge gave us a run down of firm wide financial health. Aces.

Was a summer there this summer. Their transportation group was very popular among the summers. People were nice and the offices were mostly empty by 8PM.

Bumping ... any other thoughts?

Have a friend who is a rising third year in a finance subgroup there.... loves it more than anyone I know from my law school class year at a big firm

Asking this here rather than starting a new thread. Does anyone have any insight into the culture of Milbank NY's restructuring group versus other top restructuring groups? Skadden, Kirkland, Weil,Jones Day, Davis Polk, Akin, etc. Restructuring is known to be especially brutal for work/life balance, so I'd be interested to hear some perspectives.

Restructuring is rough but better than the peer firms you mentioned. Doesn’t hurt that there’s rarely the bs work that goes with debtor/estate prof stuff

Anonymous User wrote:Asking this here rather than starting a new thread. Does anyone have any insight into the culture of Milbank NY's restructuring group versus other top restructuring groups? Skadden, Kirkland, Weil,Jones Day, Davis Polk, Akin, etc. Restructuring is known to be especially brutal for work/life balance, so I'd be interested to hear some perspectives.

Milbank associate here. I have a buddy who was in Davis Polk's restructuring group for two years before he burned out. He had several back to back to back 300 plus months and then steady 200s on either side. I'm not in our restructuring group, but it is no way near that bad.

Anonymous User wrote:Have a friend who is a rising third year in a finance subgroup there.... loves it more than anyone I know from my law school class year at a big firm

Describe what he loves about it. Can anyone provide more detail on what is so great?

Anonymous User wrote:

Anonymous User wrote:Have a friend who is a rising third year in a finance subgroup there.... loves it more than anyone I know from my law school class year at a big firm

Describe what he loves about it. Can anyone provide more detail on what is so great?

No minimum hour requirement can’t be highlighted enough.

Solid financials and a pretty humane group of partners for a big law firm

Decent training program and, for the most part, good clients that aren’t abusive

Of course, this all depends on each individual’s group/personality/luck, but for a big law firm the quality of life is pretty decent. Most people I know who have left went for professional opportunities and not to another similar firm/group

Anonymous User wrote:

Anonymous User wrote:

Anonymous User wrote:Have a friend who is a rising third year in a finance subgroup there.... loves it more than anyone I know from my law school class year at a big firm

Describe what he loves about it. Can anyone provide more detail on what is so great?

No minimum hour requirement can’t be highlighted enough.

Solid financials and a pretty humane group of partners for a big law firm

Decent training program and, for the most part, good clients that aren’t abusive

Of course, this all depends on each individual’s group/personality/luck, but for a big law firm the quality of life is pretty decent. Most people I know who have left went for professional opportunities and not to another similar firm/group

Echoing this for the LA office. Really can't imagine a better situation. Especially with the hours requirement. People often say "well there's no requirement because you are going to be billing in the stratosphere." Not true. Most people in my group the last few years have been around 1900, with a couple people well below (1300-1500), but no one well above. We had one massive deal last year that put people around 2000, but that was just an intense few months.