Does anyone feel like based on their practice area they could likely never work at a midsize firm later on and their options are mostly big law or in house? I feel like certain areas just don’t exist at midsize firms (eg, cap markets, bankruptcy, etc)

like
Posting as :
works at
You are currently posting as works at

Cap markets definitely exists, just in a different form. You’d probably be representing small caps doing much smaller capital raises. Much less debt offering work. More private placements/exempt offerings and taking small caps public. Can’t speak to bankruptcy, but that was my experience at a midsize.

like

Most practice areas exist at mid sized firms. It’s just on a different scale. You’re not doing the most sophisticated debtors’ side representations at smaller firms (or frankly outside two or three major shops) but you can still do bankruptcy. And your life will probably be significantly better than it would be at those major shops.

like

I moved from BigLaw to a mid sized (distributed) firm last year and continue to do mostly equity and some debt cap markets, including SEC-registered work for small and large clients. We also have bankruptcy lawyers. I enjoy doing the same work but without the bureaucracy and office politics of BigLaw.

Yeah feel that way often I do a mix of lit and Regulatory law and it's hard sometimes.

Bankruptcy absolutely exists at mid-size law firms.

Related Posts

Can anyone review on the scale of 5 how good the DATA STRUCTURE and ALGORITHM course of UDACITY offered by GOOGLE? (FREE)

I am going to complete it so need to know if it is good.
Also any other suggestions are entertained.

like

All my six-figure salary consultant friends are ranting about how poor they feel right now because their IRAs/portfolios are down. Think the people in this industry need to take time to volunteer or engage with some tougher parts of town and understand that by virtue of even having investment accounts, that they’re more financially safe than at least 50% of America. Sad to see

likefunnysmart

How is IBM kolkata office ? Are there good projects ? IBM kindly let me know as i am going to join in september

like

Have you ever stopped yourself from applying to a better jobs (externally) because you like your current WLB? I easy qualify for AD positions but don’t want to sacrifice my time with my child. At the same time I want more $ 😭 (not starving now but just too ambitious)

like

Anyone feel avoidant about certain foods? About 6 weeks or so, no nausea or sickness but certain smells I can’t stand (i.e. eggs, steak). I’ve found myself nervous to cook the salmon we just bought because I don’t want to hate the smell and end up wasting it 😭

like

Hi Fishes, Is it possible to process h1b as cap exempt if I had worked on USA in h1b status for few months and if the visa is expired now, once I join a new employer.

Four days off in a row with MLK Day. Took Friday off. And still I just feel drained at the thought of going back to work tomorrow. Trying to hang in for a few months to see if the firm improves or if I’m hanging out my own shingle or finding a new firm. Anyone else?

like

Any male 🐠 in Rio next couple of weeks ?

How much time roughly do you dedicate for GMAT on weekdays, alongside ZS work?

like

Hello! I’m looking for other Elementary Math educators. Preferably in the roll of Math specialist/Math Interventionist to chat about our jobs. Thanks!

like

What to wear to biotech job? I am starting at a biotech company and the attire is ‘business casual’, which can be so variable for women. What do people wear for shoes, heels, flats? Are sneakers a total no go? Slacks and a blazer? Dress? Helppppp

like

Anyone have any insight on the Goldman Sachs Early Careers program? Just had a virtual interview but can’t see my submitted roles and was told I’d be reached out to for next steps in the future. Anyone have any insight to this program and how recruiting works?

like
like

AdAge article on DMA shows more sympathy for the accused men than the actual victims. WTF?

likehelpful

I can see tentative date of joining on TCS ibegin portal. Is this my date of joining or Did tcs send separate joining date/mail? And Is tcs delaying joining for experienced?

like

BLUF: Relocation doesn’t include breaking my current lease. Am I in the right to get that covered? Story below:

like

Not a compensation question... Any insight on typical Travel Schedule and work life balance at D in M&A group would be helpful

like

As a climate change researcher, I can't help but say just how excited I am to see the recent Congressional climate bill's funding.

like

Additional Posts in Big Law

Do your firms have a billing code you use if you don’t get enough billable hours in the day? Like say you only billed 6 hours one day. What do I do about the other 2 hours?

like

Anyone else missing easter today?

like

Any of you partners or partnership track people start off as bad associates and then get it together a few years in? Trying to figure out if/ how I can get better at this.

like

Any thoughts on Orrick LA culture?

like

If you are working with a recruiter, what is a reasonable amount of time to wait after the recruiter applies to a position(s) for you before you start to question things? I know this depends on firm response time - just curious how long I should be waiting before I ask what’s up.

like

Mid-level here. Has anyone gotten their firm to approve their doing work at a deep discount and, if so, what strategies did you use? A potential client approached me directly about a small matter (~20 to 30 hr amicus brief). The potential client (gov’t) pays a standard rate ~40% lower than mine, but I want to take on the project because it would be a good professional opportunity (e.g., high profile case & client) and of course the lower rate won’t affect my comp directly. 🤷‍♀️ All advice welcome!

like

Any NY employee benefits and executive compensation folks with 1-3 yrs of experience interested in lateraling to my market v40 firm? Deal experience preferred. DM me and we can talk

like

What are some non-firm exit options for restructuring associates? Third year at v30 dreaming of a better future 🤔

like

When you wake up (before hitting your stimmys) to an email from the partner asking why you haven't updated them on the vdr and you direct them to an email you sent at 1:30 in the morning and all you get is a "my bad. see you at the Bulls game tomorrow." <<<<<<<<<<

Ugh

likefunnyhelpful

Firm holiday presents (in addition to bonuses): GO.

like

I know that it likely “depends” and varies from firm to firm but does anyone have any insight on (or experience with) whether firms rely on “total billable hours” or “total billable hours credit” to determine whether hours have been met/bonus applies?

like

Heard that Baker McKenzie has a tax practice group. Can anyone provide more information on this company and referrals? JD and currently in big 4 doing transfer pricing, looking to transition

like

Why does securing a DACA with the account bank take forever?

like

Anyone else HOPING people get laid off? I’m at a V3 satellite office and there are some real bozos here.

My firm doesn’t like to lay ppl off because it hurts recruiting but I think it’s necessary….

like

I got an offer from firm 1 before the memorial holiday and have been stalling because I am waiting for an offer from firm 2..
I was working with a partner from firm 2 who got me an interview with the managing partner.. I got a verbal offer last week.. the staff told me they are processing the paperwork.
Should I still wait for firm 2? I feel like I can’t stall anymore.. I feel like I really should give firm 1 a response this week 😮‍💨 but I don’t want to lose both offers

likehelpful

Has anyone accepted an offer then gone back/reneged on the offer for legitimate reasons (eg unexpected pregnancy)? How’d it work out?

like

Big law associate, considering asking for some sort of leave of absence for mental health reasons. I’m not sure if it’s burnout or just depression, but it’s bad. I have a therapist, I’m sure they’d write a note or something if necessary. I’m just concerned about how this would look / backlash…

like

Any recommended places for suits for summer associates? Any places that should be off limits? Thanks.

like

the main partner I work for hasn’t been giving me consistent enough work (or type I want) so while I work for him still on some deals, I’ve had to go and get other work from other partners. He doesn’t regularly check in on what I’m working on. He keeps volunteering me for projects without checking if I have capacity and if he expected to know everything I’m working on… he would’ve thought I was just doing nothing the last 2 months. I don’t know how to address this workload balancing with him!

like

Need advice. Am in the middle of parental leave right now and my spouse and I are on the brink of divorce. Have only this 1 kid. Spouse doesn’t work yet, but can with earning potential around $50k. I make around $450k. No way I’d keep this job if divorce happens. I’d eventually transition in house so I can take care of my kid when I have him, but that won’t be immediate. How will custody work in that case? I want joint, but how do I take care of him alone with this job in the meantime?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal