Class of 2023 junior who was laid off last year (due to slow business). Am I allowed to apply to entry level/3L positions? I have no problem dropping down several class years, I just want to get back to working a stable job. The posting I see is in a totally different practice group than the one I started in, but I love the work of that group.

Also, how do I stand out in my cover letter/resume and not seem like a risk to the group. Network? Thanks!

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Switching to investment funds - secondaries is probably doable and easy as it’s a natural transition from M&A.

Every secondaries shop in the US is swamped and need a pair of hands and it’s relatively stable work.

Kirkland has a robust GP stake and GP led as well as LP led practice. Proskauer has both GP led and LP led and is about 50% secondaries.

Read the “Debevoise PE cookbook” to get a background on funds and the Secondaries Investor podcast has insights on the market expansion.

Read the “Two Hour Job Search” for networking. You become nontraditional if you’re awitching practice areas so you will need to network.

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They are expanding aggressively, but also top associates keep leaving while coasters coast and current firm management is poor at retention and communication. The 4 day in office while billing 2500+ does not help.

Was in your shoes not long ago. Reach out to alums to set up informational interviews. ESPECIALLY if you are trying to retool

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Which market/practice group were you in?

Market switch is doable but M&A to LE will be hard

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I left Chicago (funds) because it has been a very slow market on all transactional practice groups. I don’t think of Chicago as a satellite market but could’ve satellite office depending on the firm.

Yeah my recruiter said for every 1 opening in Chicago, there’s like 10 in NY

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