{ "media_type": "text", "post_content": "For those who know someone or who moved to PE/fund management in-house, do you also get carried interest? Is your overall compensation better (cf. 4th year biglaw) or work-life balance better than biglaw? *reposting in a new bowl b/c I want to leave everyday. Thanks!", "post_id": "60285ec2544a6c001c73ee7c", "reply_count": 4, "vote_count": 1, "bowl_id": "5df70ed2f7169f002b172d3f", "bowl_name": "Big Law", "feed_type": "bowl" }

For those who know someone or who moved to PE/fund management in-house, do you also get carried interest? Is your overall compensation better (cf. 4th year biglaw) or work-life balance better than biglaw? *reposting in a new bowl b/c I want to leave everyday. Thanks!

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Previously worked for a private debt fund. Legal team didn’t get carry, on basis that legal is a risk function so it would be a conflict. Other ‘risk’ functions did, so think this may have been a particular attitude by management.

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Transactional counsel in-house at PE fund at big market. Would be a 5th year and comp is 215k full benes + carry. 55hr weeks (some less some more). Minimal weekends. Life is good.

Tell me your career journey. I want to be you lol

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Might be a dumb question, but do you have any securities trading restrictions at a PE firm (other than any in any public co MNPI that the firm comes into contact with)

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