Current rising 3rd year at Schulte (funds). Should I start looking to lateral now or continue to MWE? I generally like my current teams but I am incredibly worried since several mids/seniors are thinking of lateraling and I don’t want to have last dibs at any open opportunities given the current terrible lateral market. Morale is also not so great obviously. Am a T14 grad if it matters.

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MWE does very little fund work, hence the merger. I'd say stick it out. I would imagine your job will be safe for a few years (assuming you make reasonable hours.) If you hate it, hopefully the market will have improved by the time you're ready to leave.

likesmart

Why are the seniors wanting to leave?

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What’s the downside of applying and seeing what’s out there?

like

I’m another Schulte associate, I think funds will be the safest group. They want that

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Doesn’t hurt to see what the market looks like. Most groups respect and value the experience SRZ associates have.

like

Do people think a lot of the funds partners will also be leaving? Worried about all the partners I like working with jumping ship.

Yep, lots. PE, multistrat, credit, real estate, etc

Happy to give you an overview of the market if you want to DM me.

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