Junior corp associate at a V50 firm in NY. Just received offer a few days ago in Charlotte, a city I really want to live. However, the role is for cap mkts /asset securitization and esoteric assets, e.g., auto loans, railroad, etc. I value having some work life balance. I heard the hours in asset securitization / esoteric assets can be awful. The work is very complex / niche. Does this sound about right? I’m tempted to continue search in CLT even though this a top tier firm. Any thoughts? Thx!

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@legal recruiter 1, you might be the most honest recruiter I’ve seen

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Haha thanks...I’ve seen one too many associates steered in the wrong direction by recruiters

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Ya asset securitization is a pita

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Top tier Vault or top tier Charlotte? NC is dominated by local firms. If RBH or MVA, I would seriously consider (MVA>RBH since you’re transactional), and try to switch practice groups once there.

But honestly, given the role, sounds more like you’re looking at a Vault firm with an NC outpost, in which case your concerns are warranted and your summary is about right.

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The problem with securitization is that (I don’t think) you will ever be able to swing to an RBH or MVA from the Vault shop, only to other Vault shops offering a near identical experience. It will also be hard to go in-house with such a niche speciality, especially in a city like Charlotte.

But you should confirm on the practice areas and see if there is any overlap. Only thing worse than turning it down and finding out it’d be better than you thought, is accepting it, finding out it’s worse than you thought, and not having a clear path to pivoting out of it.

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Charlotte associate at a V100 firm. Can vouch for Charlotte, it’s awesome. Hope you find what you’re looking for!

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Is it for cadwaladar? Run if so.

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A1 - I have a friend there and it is ROUGH

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Dont do it. Too specialized. CLT is great. My brother is a partner at MVA!

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