I’m an employment/immigration attorney mentoring a 3L whose deciding between finance and M&A/CapM offers at the same firm. Other than each practice’s reputation and finance likely be safer in a recession, what else should she consider? What are the differences in day-to-day work/pace/WLB?

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Neither is safe during a recession. Depending on the group size, CapM may be safer since there will always be quarterly/annual filings.

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Got it - my understanding was that finance could be safer because it complements bankruptcy. Anyways what are the differences in day-to-day work? Do certain skills/a liking for a certain activity translate better?

Waaaaay better exit opps from M&A/capM

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Personality- m&a/cap markets is very project management type and requires a lot of such work (giving work to specialists, chasing, collecting comments, coordinating, managing up and down, pushing back, etc). Not suitable for a person that wants heavy substance work.

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By year 5, many go in-house…. Senior level if obvs much more substantive but one needs to get there.

Both immigration and L&E are relatively safe in recession if that is a major concern.

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