Ropes & Gray (NY), Shearman & Sterling (NY) or Fenwick & West (NY) Cap Markets Forum

[Anonymous User]

For capital markets work, just wondering on what people thought on the above?

[Anonymous User]

For capital markets work, just wondering on what people thought on the above?

At Shearman, the exit options for midlevels seem good (i.e., lateralling up), and the firm is willing to second second and third years to top clients - though when taking them back often place them in completely unrelated groups such as finance, funds, or executive compensation, causing them to lateral out.

The partners are sociopaths. Recently stealthed at least one second year and one first year, to my knowledge. But that may be the norm.

[Anonymous User]

For capital markets work, just wondering on what people thought on the above?

At Shearman, the exit options for midlevels seem good (i.e., lateralling up), and the firm is willing to second second and third years to top clients - though when taking them back often place them in completely unrelated groups such as finance, funds, or executive compensation, causing them to lateral out.

The partners are sociopaths. Recently stealthed at least one second year and one first year, to my knowledge. But that may be the norm.

OP here. Damn, that's a shame because I happened to like all the partners I have met. The stealth layoffs don't seem to make sense as my understanding is that they're super busy right now. A stealth layoff is when the practice is generally slow and you need to make business-related layoffs but disguise it as performance issues.

Do you know anything about the team dynamic and day to day practice? What's the culture like between partners and associates? Can you further elaborate on your "sociopath" comment?

[Anonymous User]

For capital markets work, just wondering on what people thought on the above?

At Shearman, the exit options for midlevels seem good (i.e., lateralling up), and the firm is willing to second second and third years to top clients - though when taking them back often place them in completely unrelated groups such as finance, funds, or executive compensation, causing them to lateral out.

The partners are sociopaths. Recently stealthed at least one second year and one first year, to my knowledge. But that may be the norm.

Current CM junior at Shearman. Obviously don’t have the full picture, but would be shocked if any 1st/2nd-year were getting stealthed. Everyone is ultra-slammed and no 1st/2nd-year left recently.