What does a junior to midlevel progression for tax associates look like? Lateraled last year from a smaller, narrower PG so I feel like a first year in some ways (never seen a PPM) but more senior in others (issue spotting something partner missed in structure). I work across M&A, funds, and real estate and don't really know what the expectations are.
What should I be able to do comfortably by my fourth year? What new responsibilities should I be handling?

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It is really dependent on the type of work you do… like you said you may have more experience in one area and less experience in another… it’s all relative to the group. For example, in a group that does mostly M&A, as a midlevel you should be able to do most of a markup by yourself… if you are mostly doing funds, you probably would be expected to supervise a junior and take the lead on most things… PPM, LPA edits, side letters, etc.

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Thank you!

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