For the capital markets people: what’s the likelihood of a recession happening this year? If not this year, when? Are we expecting any sort of improvement in the market in the next 6 months?

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If you’re asking capital markets LAWYERS for financial advice you’ve got another thing coming😂

likefunny

Cap markets is dead at my firm. I looked at the hours and the attorneys in that group averaged 221 hours a month in 2021 and have been averaging 128 in 2022. That drop off is insane.

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Oh you must be the one. There 318 less IPOs in Q1 2022 compared to 2021 lol.

likefunny

Thanks!

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Yeah if you do straight cap markets you’re probably slow AF right now. Ongoing pubco representation is keeping my hours comfortable right now.

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I’m straight capital markets and slammed with IPOs.

A recessions seems very likely IMO. Rates are up. Deals are slowing or dying. Just hoping it is a mild one.

So what should we do if we just joined a cap markets group? Don’t want to get laid off… miss out on good experience

Does your firm do any servicing or workouts? If it gets bad we might need that.

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Colombian Latinaaaaa here looking for a place to dance in boston 💃 HELP!!! ☺️

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It's almost as if the C-level pros don't have any interest in anything or anyone outside of work. I know it's their job but wow, could you just stop name-dropping for awhile? Please?

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What’s a toxic trait you wish you didn’t have?

likeuplifting

Maybe US really should break up into two different countries - one democratic and one republican. The Congress can’t agree on anything these day and by doing so only enables the executive branch to consolidate the power into its own hands. Very sad.

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Give some feedback on LogicMonitor (SaaS product company), how is the work culture and employee benefits?

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Do boutique companies give severance packages if they pip you?

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Do you remember when you believed there was glory in brainstorms?

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likefunny

What does everyone do for CharlieCard fees when there's the possibility that you'll be traveling at a moment's notice? Weekly/monthly pass or just pay by trip?

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My confession is, some people will feel this in their chest. Others will see it and think that this is how things should be.

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likeuplifting

Why is FAANG PM and other product exits so desirable? My ex-consulting friends are mainly doing project mgt work not P&L ownership. Curious considering how much ppl dislike project mgt work generally. Post mba level

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I’m such an idiot. I made my daughter’s first birthday party 1 to 3 pm, and after sending out the invites, I notice that her naptime has slowly migrated to 1pm. Is there anything I can do to avoid changing the party time?

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PwC SFDC Practice. Any comment? Pipeline, outlook, tech-infra etc...

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How is everyone approaching the idea of centralized vs. Decentralized IT When it comes to multiple offices globally?

Got really drunk over the weekend, called my best friend at work, and came out to her. I’m really afraid she is going to tell other people I work with

Friends I received offer with joining date did not take it due to family emergency then this pandemic came now no joining date for me. How are you guys doing are you getting new people onboard?

I have a friend that’s looking to get into consulting/business analyst work but he CANNOT GET HIRED. Can anyone take a look at his resume and let me know what’s missing? I’ve been trying to help him for the last year and a half now.

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likehelpful

Sell or hold 3M?

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If anyone needs an intro to an awesome, well-connected and super smart recruiter who is genuinely a nice guy (and ethical!) l, please DM me. Helped me land my dream job (twice) and would like to pay it forward...

likeuplifting

I work for a lot of partners across various offices. One particular office at my firm believes texting me to follow up on stuff is okay (multiple partners, all from that one office). Like 2 hours will go by after an email was sent and they’ll text me “hey please see your email” or something like that. It’s driving me crazy. Anyone else go through this and how do I tell them that texting is crossing a line? I do have my cell phone number in my signature but that’s meant for calling if needed.

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Somebody at LW told me laterals get less of a bonus than home growns do for their first year or two. Could anybody verify?

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Is it okay to be the lowest biller? Im at 2000 while others are around the 2200 range. Our requirement is 1900. No desire of making a partner.

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Funds attorneys : how long should it take to draft an LPA as a 4th year?

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I just learned I made the same mistake I made a few months ago thatll be embarrassing and I need strength to tell the partner

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Has anyone ever had their background screening or conflict checks not cleared before, and resulted in their offer being rescinded?

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Any intel on the following NYC finance/banking groups? E.g. billable hours, friendliness/culture, experience opposite them in deals.

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How long does it take on average to make partner at a V100 firm? How long should it take?

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Help! I was headed to the 7th Circle of Hell but took a wrong turn and ended up at Cadwalader! Can anyone tell me how I make it back? I can't stand it here!

likefunny

I made a really dumb mistake that made me look stupid in front of my entire team on a case. Partner didn’t name me, but everyone knew I was working on that area, so they know I made the mistake. Should I separately email the partner to apologize and ask how I can help fix?

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My least favorite part about this job is how so much of it is pestering people and then getting scolded because I didn’t follow up with a specialist a 4th and 5th time while we’re still waiting for comments. I’m generally fine with the project management aspect of deal work, but I don’t know how to make a senior counsel or partner actually do their job or respond to me. Also, since I know this response is coming: I call too.

likefunny

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Roughly how much do paralegals and legal secretaries get paid in biglaw or comparable boutiques in major cities?

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I’m a first year and got an offer for a lateral position. Is it normal for a firm not to offer any signing bonus for junior associates? The only “bonus” appears to be prorated covid bonus.

likefunny

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Have some potential hits in BigLaw. But say I don’t particularly enjoy my current practice area (X) and would prefer to do another area (Y). If I receive and accept offer, can I then internally get work for Y, while just sucking it up and doing X for a couple years in hopes of transitioning to practice Y?

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What do you think will happen to counsel and NEP comp in light of the latest wave of raises?

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Client: Is this legal?
Me: No, there is specific precedent on point.
Client: Okay, well we need you guys to work twice as hard to make it legal somehow.
Me: Okay, well we wrote a memorandum about certain changes you could make to your business model that we believe...
Client: No. The business model is what it is.
Partner: Message received. We will work twice as hard.
Me: [starts looking for lateral opportunities]

likefunnysmart

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