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Rising 1st year on a lender side deal where I’m the only associate. Luckily partner is reviewing credit agreement and opinion and I’m handling everything else. Welcome to a world where all the seniors have jumped ship.
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Rising 8th year. I do all of the credit agreements myself. Partners get involved only when I need back up or there are issues.
Rising 6th year. For me, it depends on the partners. I work with one partner who works on the credit agmt with me (and also likes to check in on process, though he doesn’t run it or anything). Some are more hands off. I really think it varies (I would have thought it would be 100% the associate, but that’s not what I’ve seen). At a v20, for what it’s worth
6th. Partner reviews my draft CA (if there wasnt a midlevel to draft) and usually the first markup pretty closely but otherwise hands off. I mostly delegate process to mids re ancillaries and closing and lightly supervise. A 3rd year can checklist push fine.
I typically do the initial draft, partner reviews and comments, I turn changes from both partner and other side. Partner will lead the negotiations and discussions with client and other side with occasional input from me. I generally run almost everything else but can ask for help on certain things as needed. Occasionally I have a junior who will help on checklists, signature pages, and the ancillary stuff.
Rising 7th but it’s been this way since I was a 3rd/4th year