With less companies going IPOs, should capital market associates (equity only, debt CM is handled by a different team at my firm) be prepared to retool?

like
Posting as :
works at
You are currently posting as works at

As an exclusively equity CapM lawyer who just went through the lateral process, it was tough having no debt experience in the current market. Still definitely seeing deal flow but it’s hot and cold. Also, interviewers were all over the place - annoyed at lack of debt work, asking for year cuts, saying I could learn debt on the job, etc. YMMV but just giving my two cents as someone in the market recently about how portable my skills have felt being exclusively equity focused

like

Thanks so much for sharing! I’m in the same boat, think debt cap market still has a lot of work but not so much on the equity side; also worried about my prospect at my current firm - I don’t think they will make anyone who mostly focus on equity cap market partner bc there weren’t a lot of deals in the past to justify my experience level and not a lot of deals going forward to justify a partnership spot either…

Related Posts

Anyone from Huron on the group? I see booming Oracle Cloud things on there, want to know more - Risk and Controls guy from PwC.

Hi all,

What type of questions can I expect for SQL and BI Data Analytics profile?
Please help.

How much time does novartis take to reach back with offer after salary discussions round where I conveyed my expectations ?

like

How do you deal with losing close relative/family? I wake up every day praying I never get a phone call like this. I finally did today, I am not crying but I’m confused, sad, broken, don’t know what to say to others. Don’t even think I can focus the rest of today. It’s so painful that we have to deal with this in life. Apologies if this is not the typical fun post, just feeling helpless. I can’t talk to family too, they feel the same.

like

Is it possible or someone on Deloitte Advisory with low utilization to move to a role in Deloitte Consulting or is the utilization part automatically kills all chances?

likefunny

The left is the Prius driver in the far left lane going 55 mph on a multi-lane highway holding up multiple drivers and causing traffic (making things worse for everyone else).

The right is none of the above, wants everyone to succeed, and get to where they need to go.

likefunnyuplifting

Thoughts and prayers.

Post Photo
likefunnyuplifting

I have offer in Genpact and Atos syntel.

Atos is offering 2 LPA more than Genpact.

I am offered to the role of 4B, Lead consultant in Genpact. How the work life balance/Hike/variable pay in genpact. Variable pay is payable 100% ?

How do you guys set up your 401K accounts ? Since a lot of vanguard funds have bonds and I’ve heard bonds are haram to invest in? Would like opinions

like

Is there an app to approve coachee time and expense ? TIA!

likehelpful

Do Capgemini includes Health insurance amount in CTC...? Or will be seperate?

like

Hey folks my dog is wondering if you’re interested in helping her owner unlock DMs. She accepts likes and gentle petting.

Post Photo
like

How is service line consulting in Deloitte India (not USI), is it only applicable for Indian clients? Has anyone joined recently? Faced any issue with Work life balance ?
Deloitte Deloitte India Deloitte USI PwC EY

And in wtf news, Innocean is acquiring David & Goliath

like

24yr old female working in NYC (if that ever happens again) who's really just looking for someone to laugh with. The cynic in me is often overtaken by the joy I get from doing small things to (..cont)

like

35M. Friend zoned after one date. What am I doing wrong? I met her at a baby shower. We talked/text regular for about a month or so because I was traveling for work. Finally went on a date about two weeks ago, a week after I told her I like her and said she never thought about us being romantic. Today I got the official friend zoned text.

like

Hello I want to do part time job in zomato can anyone help me with that?

Hello,
I just received offer from CTS . I have 3 years of experience they said they can offer only 8Lpa and variable 45k is this the market range or will they accept if I ask more. I don't have any counter offer

like

Additional Posts in Big Law

Mid-level when she's leading the call: please make sure you take notes. It's expected of the person not leading a call (note I always take notes)

Me(jr): asked to lead a call for a different deal as training. Mid-level doesn't take notes (also on call) and tells me it's the job if the junior to take notes.

likefunny

Anyone try Celsius, the Gatorade drink? I think I heard about it on this app, but wasn’t sure if people prefer it to coffee?

like

How do I tell a firm I screened with that another firm I screened with is moving forward with full rounds? I would prefer the former firm, even though the latter firm is ranked higher. Thanks for any advice

like

Joining GT…Should I choose a company phone or transfer my phone to GTs plan?

like

Just started in Biglaw as a first year - one of the partners made a passing remark that he couldn’t remember my PQE but thinks I’m “the same as X associate”. Went on LinkedIn and saw that X associate is a third year. How do I gently correct this misconception in a future conversation?

like

Currently clerking, but have accepted a post-clerkship offer at a biglaw firm. Thoughts on whether the firm would give me a referral bonus if I refer one of my friends and they get hired before I officially start?

likefunny

If you do billable work on a given PTO/vacation day, do you still count that day as vacation? Or do you get that vacation day "back"? Or do you only get the part that you billed "back"? (Or some other option.)

likefunny

Squire Patton Boggs when are you going to make associate compensation competitive?

like

Does your firm let you take 28-30 December off? Many of my team members won’t be working those days and I decided last minute that I’d like to travel somewhere between Christmas and the New Year.

likehelpful

Has anyone used or heard about Flagstar Bank for mortgage? Seem to have a great program for JDs, wondering if anyone has any bad experiences or good experiences with them

like

My mentors (partner & senior) have scheduled a feedback meeting with me on Wednesday. It’s not just me, they’re scheduling meetings with everyone so I’m probably keeping my job. Thing is, I’ve been incredibly frustrated with the firm - I’m buried in work and billing like crazy, but there’s zero transparency on financials and zero communication on bonuses (...)

like

Recommendations on how to simultaneously pay off student loans and invest?

like

Stealth layoffs at CWT confirmed.

like

Whats a bougie/hip gift from a friend you would appreciate?

like

Am I the only person who gets skeptical when a recruiter calls, like did my law firm send you to see if I’m interested in making a move? 🤨 I may be paranoid, though. Lol

like

Random partner asked a litigation-related question to a partner I frequently work with (i’m a transactional associate). My partner cc’d me and said for me to briefly look. Asked the library. They got me a great case. Sent it back. Now the random partner is asking for more cases in another circuit.

I haven’t done caselaw research since 1L and this isn’t even my practice… wtf do I do (I am fully utilized in my normal work and have a few deals closing soon…)

like

How can I sell my 2 years of clerkship as valuable experience for corporate work? I would like to get credit for at least one year (at least in salary, if I can’t in seniority). I know for litigation they are more clearly valued and linked to that type of work, but I have reconsidered my interests and now am thinking of going into corp. However, I don’t want to feel like I wasted 2 years clerking (which I don’t feel like that, but I have to convince an employer of that too). Any help or insight?

like

Any of my corporate M&A lawyers feeling the deal flow slow down a bit or just me?

like

What are the top litigation practices in LA?

likehelpful

How do I make my windowless office more lively. It’s driving me crazy

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal