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I’ve seen it happen for two colleagues. I started at a law firm and went to Big 4. It depends on your level of experience, practice area, and skills. If you spent a lot of time working on returns, it will be a harder sell. If you’ve worked on transaction structuring and have written a lot of memos or have had a hand on opinion writing (and blue booking), that will provide a lot of what the firms look for.
I definitely fit in the latter category (M&A Tax). Thanks!
I was with EY for 2 years, doing my Tax LLM at NYU now and accepted an offer with DLA Piper. Practice area is significant for making the transition (I worked in international tax and transfer pricing for reference). A friend of mine from law school also went to EY and is doing her tax llm at UF. She got a clerkship with the tax court and will likely also be going big law afterwards. It's not an easy transition, but it's definitely possible.
For TLR, it's just a matter of applying. I would reach out to Professor Mitchell Kane (the EIC) to let him know you're interested and ask about when he'll be taking applications. I don't remember the timing exactly, but I feel like I applied in June or July and heard in August. As far as classes reopening, I don't really have much insight. Everything's closed for now at least until the summer. I haven't heard anything about plans for the fall.
I have a couple of junior staff that went from big4 to law firms. I’m in a tax specialty practice and some went to a direct competitor in big law and some went as an associate in an unrelated area. They were all somewhat junior- experienced associates or seniors. Personally, I think the value proposition for big law diminishes after manager as I have kids and the pay bump can’t compensate for the hours I would have to put in. You can double or more your salary if you jump to big law when you’re junior though so it just depends on what you value and what you want out of your career.
I’ve seen it happen but these times make me thankful I’m not in Big Law. Big 4 firms are far better equipped to handle recessions.
I’m in m and a tax and we have a ton of people leave to big law. Usually at the senior level.
Are they happier?