How big a step up is it as an associate in a Magic Circle firm to a US firm in terms of hours and responsibility?

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

Depending on practice area, hours are probably fairly similar (at least in transactional).

Responsibility / expectations will be a lot higher - on deals US firm usually has: 1 equity (nominally / sporadically involved unless big client / usually only for commercials before docs kick off), 1 non-equity (essentially the partner - on calls etc), 1 senior associate (actually doing the docs) and 1 junior (CPs and ancillaries, managing counsel, etc)

The team will typically cover the deal, whereas I’ve seen AT LEAST about 2-3 additional people on the MC side sending substantive stuff (and about another 23 on the distribution)

If you’re thinking about the move, you may as well try it - nothing to lose!

like

I trained and started at MC; now at BigLaw - the “responsibility” thing is utter bullshit. MC will give you as much responsibility as you show yourself being capable of handling (why wouldn’t they?) ; so will US firms. It DOES depend a bit on area - massive corporate deals likely to have bigger teams and more hierarchy than smaller niche matters - but that will, again, be the same across the two.
The hours will also vary but again, I’d be unclined to call bullshit on this one (but this time perpetrated by MC): I worked far harder at MC than I do now.

like

I was on secondment to a US firm with ex MC associates. It depends on the firm, but they generally said it's a lot more responsibility due to smaller teams, more client contact, much more business development etc. Hours vary at US firms but you'll generally be working as hard as MC. In any event, there are only 24 hours a day, US firms didn't create a 25 hour one!

Related Posts

Hi,
My joining date is in the second week of october. What is the onboarding process and when will the onboarding team contact me?

Hi everyone - just joined and love the great discussions. So I just lateraled to a MM shop from a no name boutique. I was wondering at what point the absolute earliest I can lateral again is? Would love to go to a top BB or boutique for the better buy-side and learning opps. I'm an analyst that graduated in May 2020. Looking forward to hearing your thoughts!

like

Interested to hear how many folks here are still working remote. Has anyone lost a job opportunity to the salary transparency law?

I recently was told I’m “unhirable for remote work” because im in CO. (Which is fine, sounds like I dodged a bullet anyway).

Curious about everyone else’s thoughts and experiences.

This week is going to be painful.

like

How much can I expect in Accenture for 5 YOE in Azure stack?

likehelpful

Hear from a couple Grant Thornton folks that GT is breaking off their public sector practice. If true, How soon until GT public sector sells off?

likesmart

Hello everyone, other than LinkedIn, indeed, Dice, or zip recruiter what are other job search sites that people use ?

like

Has anyone started working in Pune office?

like

So my white male colleague just stole all the credit for himself. We worked on this task together and I came up with the idea. But when presenting to the manager he went ahead to say he created this and proceeded to explain it?? Idk if it was just an oversight cause he never done that before and has always been supportive and helpful to me.

likeuplifting

Can anyone help by answering How's business growth looking for Workday? With the Layoff season going on, I'm a bit nervous joining Workday in a few weeks.

likeuplifting

Anyone move to another state to pursue a better climate/lifestyle? Struggling to stay in MN...but wondering if my daughter will miss her grandparents. Way more scared to move than I used to be...

Leaving my awesome team for a new opportunity keeps me up at night and makes me feel like a tremendous a-hole. I guess if I believed more in the company it would be easier but maybe never goes away.

like

Failed recently, looking for a virtual study buddy! Please message me if interested.

like

Hello fishes,
Does anyone knows what is mindtree following now a days is it hybrid model or Work from office?

like

Which binance iOS app is legit? Apple Store app or the one you download from the binance website? Just trying to be careful.

Anyone wants two tickets to Dehd tomorrow at 9 PM at Metro?

like

Staff 1 moving to Staff 2 in Advisory. Heard everyone gets the same raise their first year - is there any room to negotiate? Haven’t received the news yet, just trying to get ready.

like

If you have a “no shoes in the house” rule, do you also have a “no bare feet outside” rule? That seems like the same thing to me but I’m curious if you all see it that way too..

like

My team is amazing. We bonded over a virtual happy hour this evening.

likeuplifting

Canada is always on my mind into early February

Post Photo
like

Additional Posts in London Law

Self-described ‘aggressive litigators’ are insecure lawyers compensating poor technical skills with unjustified pressure.

likeuplifting

To those who were NQs in 2008/2009 and didn’t get retained - what did you do? Did you paralegal? I’m a fourth seater really struggling to find anything as literally no firms are recruiting NQs right now.

Starting as a trainee at large international (but UK-HQed) firm soon. Does anyone have any general advice on seat planning?

Best magic circle firm?

Moving to London in June for a permanent role. What's a good area to live in, friends? Looking for a 2 bedroom, 2 bathroom place ideally.

Are BigLaw hours in London really that bad? Would an MC firm be a safer option as a foreign qualified lawyer looking to make a move.

like

I am a US attorney with a very reputable environmentaL firm. Passed the MCT and will take the OSCE in May. Would love any and all advice about how law firm or in-house hiring in London works.

like

Does anyone have insight into Google's commercial counsel roles in the UK? E.g. department structure, compensation, typical work day eyc

I’m a 50 year old attorney at a very reputable law firm in DC. Have dreamed of working in London- taking QLTS to become solicitor- but wondering- will there be a job? Worried about age discrimination!

like

What are people views on electronic signing of documents E.g. Docusign, Adobe sign etc? Have a counterparty freaking out over the suggestion.i just assumed we were all from this century now and had accepted as valid.

like

Has anyone here ever worked offshore e.g. Cayman Islands? If so, what are your thoughts on working/living there?

London folk, question for you: do firms and offices in London not recruit candidates directly? I hardly see positions advertised on the websites of these firms but there are vacancies that they seem to recruit for through recruiters. What’s the deal here? Does it make sense to approach firms by yourself at all? Would appreciate any insight I can get on the matter. Thank you!

like

UK attorney moving to the UK: how much money do you need to make to be able to live well in London? I’m on the NY scale but might need to take a pay cut. How much is good non-NYC scale pay for London?

like

Hello, I am a big law associate in the US looking to relocate to the UK. How difficult is this to do? Can this be done?

Leaving my (London, big US) firm; HR has sent me various confirmations they are asking me to sign “before my last day”: I haven’t taken any docs, am aware of my regulatory obligations, don’t have any claims against the firm, have returned everything I need to return etc etc etc. This feels like an obvious try-on: the firm isn’t paying me anything to sign, my reg obligations are unaffected by it etc. How do others manage these? Just walk out on last day?

like

US Lawyers in London: how are you doing your taxes in US and UK to avoid double taxation? Do you use an accountant?

like

I'm moving from Scotland to London in September, looking to buy a flat, what are some nice / ok areas within 45 minute commute of Paddington?

Looking around the £300-£350k mark.

Obviously viewing are tricky just now so would prefer to avoid any areas that are overly...stab-y from my search to save some time.

If anyone is considering a move to CMS Cameron McKenna Nabarro Olswang hit me up for insights/referral

Any thoughts on Latham in London? Considering a move out of MC and hear they are very strong at Finance. Also any insight into base pay bracket for 2PQE?

like

Due to move to London (from abroad) and start a position as an associate with a US firm towards the beginning of next year and wondering if anyone has any suggestions on nice areas to live in London? Firm is based around Holborn

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