Is working in house as a deal lawyer at a big fund (e.g, Blackstone, Vista) as bad in terms of hours as biglaw? What about at a VC fund (e.g., Az16, Sequoia)? I expect it’s not a 9-5 in either case, but is it much better than biglaw?

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I’m a partner at one of the SV firms and have partners who have been in house at VC funds. I also know people who have been in house at PEs (including Vista and Blackstone). My sense is that VC funds are decent WLB but those jobs are hard to get. PE is a grind but easier to get.

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Interesting. I see the VC firms in SV hire a lot from Cooley / WSGR / Gunder, but no similar trend in the PE side amongst any specific firms/geography.

Depends on the legal team at the VC fund. A friend of mine joined one where she is legal hire number 2 and does more than just deal work, she also does compliance and funds stuff. It’s not a great wlb

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I think for the big funds and the big VC firms, their legal team will definitely not be that small. So I think you’d come in to a specialized team.

It is sometimes. This month I was up at 2-3am couple times and in-house deal counsel at one of those sponsors was emailing back and forth. Primarily driven by market volatility they wanted to lock in the terms.

Makes sense.

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