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Not sure who told you that but it’s definitely not true. Some firms have rotations so you can try out different groups, so that can be a little helpful. It’s hard to describe how all corporate groups are different, especially because there are a lot of variables between firms. One classic example though is that M&A tends to have shorter deal timelines and tighter deadlines, plus a lot of start/stop, so you might go from having 70 hour or more weeks to 20 hour or less weeks throughout the year. Some people hate that and some love the rush and subsequent downtime of that work. In fund formation you see longer and more predictable timelines, so work generally tends to be more steady, or at least you can typically plan in advance for when it will be busy. Some love that, some find funds boring because of it.
That I understand. But how different is the actual work? Aside for dealing with different subjects, are the contracts you will be working on for funds Vs M&A that different? If yes, what are those differences?