I’m an M&A specialist group and I don’t know why but I worry about job security and feel insecure in the value add of my work. I think it stems from my group not having clients directly, and being so reliant on Corporate. As a junior, this is fine, and actually makes my day to day less stressful. But as I climb the ranks, servicing corporate becomes way less appealing. I don’t want to be 42 with kids and have my work sourced from (and schedule dictated by) a 2nd year associate annoying lil fuq

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

this is so accurate lmao

like

It’s more likely being dictated by the client but the 2nd year associate is the messenger.

like

A partner in my group actively gives away his origination credit. He doesn’t want to manage any client relationships. He’s happy to farm out the grunt work, take the interesting client projects, collect his 2-3M ands go about his life. If you can slug it thru to partner and have the stuff, specialist partner is actually a good gig.

like

As a lawyer, you’re always servicing someone, if you had your own clients you’d just be servicing them, and plenty of client contacts are just as junior as the junior associates you’re worried about when you’re 42.

As a specialist I think about this too, and I think most of us do, but I come back to the fact that I think I actually have slightly better job security than some other groups, and I don’t want the added pressure of client relationships to originate and maintain as I get more senior. I’ll make a lot less money this way, but it’s all relative. I’m good with that and the quality of life I already have.

like

All of this plus the decreased stress of counsel vs. partner makes being a specialist a pretty chill gig.

like

If it makes you feel better I know a lot of corporate generalists who rely on other corporate partners to source deals because they are unable to source client relationships.

like

Lol

like

Related Posts

What are you guys charging? I'm thinking the initial plan at $150 per hour so ave $300-$1500 per plan. Ongoing plan 20 basis points of the AUM. What are ya'lls thoughts and what do you charge?

like
like

Anyone got a loan with Guaranteed Rate? Started looking for a condo(Chicago) and keep seeing them pop up. Looks like they charge $1290 lender fee, but wanted to see if anyone had experience with them

like

Does anybody know anything about a company named Data Consultant Corporation?

Yet another town hall where all we hear about is hiring more senior leaders vs promoting talent from within (especially women of color)…

like

Any idea what areas/roles will experience the most growth in relation to hiring based on the recent announcement?

like

After 3 rounds of Apple interviews, recruiter has requested a call. Do we think it’s more likely a rejection or an offer?

like

Any sign on bonuses for senior financial analyst rolls with big Pharma? In HCOL?

like

Looking for a Desi inspired gown/dress to wear at my baby shower. What are your favorite south asian online brands to shop? must ship to US and nothing crazy expensive.

like

Tmrw is my joining date with optum when will I receive joining formalities and onboarding procedure

like

Anyone go into product marketing or product management? Would love to hear your experience.

like

Any F🐠 up for a drink tonight in SF?

Hi All,

I received appraisal mail to fill the attached Excel sheet. But I am clues less to fill exactly what. Can I get any help ? Or shall I fill randomly

like

2021 Recruitment: What are the recruitment expectations for your firms this year? Is it going to be similar to last year with little to no recruiting in the UAE and some in KSA, or you reckon will be generally better?
My firm, a small boutique in the region, is only recruiting on a case-by-case basis this year.

like

I haven’t worn pants in weeks... but no one knows that and that’s what matters.

Post Photo
likefunny

Any investors have insights into what you look for investing in a social media platform? Is this something you do or do not have interest in/why?

Background is development of a social media platform looking for a $100k investment to get off the ground in a great market with tons of opportunity and proof of concept.

like

Hi Fishes ,

Can we do part time job as a freelancer in another company if we already have a full time job.

likehelpful

Hello fishes,

I have got offers from EXL and Genpact for Data Engineering Consultant position both with same payscale, I am a bit skeptical of which one to choose. YOE : 5 years
And how much remuneration can I expect from EXL with 5 yoe in Azure Data Engineering(ADF+Synapse+Databricks+PySpark+SQL) domain?

Will request you guys for your feedback.

Thanks in advance

Larsen & Toubro Infotech In HCL if I am from Kolkata and my base location they gave as Noida,after starting working on project do i need to move to noida or I can work from home? (Got an offer from HCL) HCL Technologies Tata Consultancy Infosys Cognizant Larsen & Toubro Infotech

Hi All,

I have basic to good understanding on RPA uipath, I would like to change my domain to become an RPA developer. Please DM me if there are any openings in HCL

Thanks

like

Additional Posts in Big Law

Is it important to tell recruiters your end goal when first reaching out? For example, I’m interested in switching from litigation to transactional, but my eventual goal is to go in house. Is that important to mention or precarious? Would recruiters have insight into the best way to make that goal happen?

like

On the transactional side of things, what is the expectation of Associates to start bringing in their own work, or start developing their own book of clients?
When they are mid or senior level?

like

I’m in the biglaw hiring process through an outside recruiter. It’s so frustrating because he’s having these conversations with the firm and only paraphrasing the gist of them to me. He says he can’t forward the exact emails. Is that BS? Why can’t I see what the firm is telling my recruiter?

like

Putting aside wachtell, what do we think are the best M&A shops for high value deals?

like

I have ADD and occasionally make small mistakes in my work, like leaving a word missing when editing sentences, small formatting errors or leaving an internal comment in drafts sent to clients. All partners have been very understanding and care about the quality of my work, and no client has ever complained. Partners and clients praise my work.

But now, one partner has become super mad and when I explained ADD, he said:

likefunny

Boomer. I am in between jobs. Laid off in 10/21 after 16+ yrs, with an ABA firm. RIF. Still on excellent terms. Took my time living off generous package and didn’t seriously start applying until 01/22. Made a rookie mistake and accepted first offer.
Turns out job wasn’t as advertised. Mutual parting of ways 3/22. Due diligence is critical.
Now interviewing a LOT. Some temp work, I still have “it”. I relate to all gens. Willing to mentor AND learn from all. Tech savvy, CTE from day one. Leads?

like

The biggest lie you've told during a job interview? And did you ever get caught?

like

I wish I had even a tiny fraction of the energy I had when I first started this job

like

Stop asking if we can unionize after being asked to work over the weekend.

likefunny

Which Big Law firms in San Francisco/Bay Area have good L&E groups? Good as in legitimate group and not some group that claims to do the work but really just writes blog posts and answers some advice and counsel questions. Amongst those, any intel on culture, WLB, etc.?

like

Looking for some encouragement. Has anyone here received an overall negative performance review or has been put on a development/performance plan and was able to turn things around for the better?

like

Interested in investing in a rental property in the next couple of years but don't know where to start. Any tips or recommendations for resources would be greatly appreciated. TIA!

like

I’m debating to join Locke Lord Dallas in transactional. I’m looking to stay at the firm long term and would appreciate any information y’all have. Please be as candid as possible.

like

Did anyone here turn down an in-house role for reasons other than money? I have SEVERE cold feet about succeeding in-house and it being more stressful and “busy” than firm life. Help!

like

I’d rather quit than revise this agreement.

likefunnyuplifting

When do does pay/class year "upgrade"? Is it end of billable year (ours ends 11/1)? Or is it whenever the new associates start?

like

Anyone stealth layoff, stealth layoff? I heard stealthier layoff. They gave stealthed layoff stealth layoff. Stealth layoff stealth layoff.

likefunny

Do big law firms typically need references when you lateral from another big law firm? I don’t think I suck at my job but haven’t made close partner connections at my current firm so not sure who I would ask.

like

What are some reasons you’ve seen people get fired for? And how long did the warning process take, if any?

likehelpful

Third yet at a firm in a major market (not NYC). Pay is slightly below market and bonuses are not market either. What is the going rate for a holiday gift for a secretary that I was assigned to 2 months ago but has done some work for me through the year and also a paralegal that I have worked with all year?

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

Scan your QR code to download
Fishbowl app on your mobile

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