Diference between M&A and Special Situations

Briefly, I completed a 6-month academic exchange and received an offer to return as a legal intern at the law firm where I previously worked (a very large firm in Brazil — top 3 / arguably top 1 in M&A in the country).

A partner gave me the opportunity to rejoin his team, which is an excellent M&A team with high-profile and very interesting deals. However, I also received an offer to work in the Special Situations practice, which has been growing significantly in Brazil over the past few years.

My main question is: from a legal perspective, is Special Situations work very different from traditional M&A? Are there действительно more opportunities to transition from Special Situations into funds, asset managers, private equity, or investment banking? Given these options, what would you do?

I appreciate any insights — thank you in advance.

1 Comments
 

Molestias possimus aspernatur dignissimos ut fugiat. Adipisci quibusdam ut tempora libero. Mollitia tenetur aliquid eaque molestias quo cupiditate eius.

Incidunt et error consectetur pariatur quod quam nesciunt est. Exercitationem a sint deserunt et consequuntur dolores. Vel et laborum totam qui. Ut modi eaque quo.

Occaecati et quam nihil amet id repellendus voluptatem. Aut quo ea consequatur. Ut deserunt dolor esse odio nobis in voluptatem.

Voluptates sapiente culpa voluptatum nihil et. Sit et dolorem molestiae nemo. Nam est dolorem occaecati exercitationem provident voluptatum magnam numquam. Tempore quia officia et quo eos. Et et ea sed sit. Voluptatem officia nobis totam tenetur officiis sit voluptatem officia.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 99.0%
  • McKinsey and Co 98.5%
  • Oliver Wyman 98.0%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

June 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 99.0%
  • Boston Consulting Group 98.5%
  • McKinsey and Co 98.0%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

June 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 99.0%
  • McKinsey and Co 98.5%
  • Oliver Wyman 98.0%
  • LEK Consulting 97.4%

Total Avg Compensation

June 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (53) $247
  • Engagement Manager (111) $232
  • Manager (167) $172
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (115) $135
  • Senior Consultant (354) $132
  • Consultant (635) $122
  • 3rd+ Year Analyst (162) $121
  • 1st Year Associate (575) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (390) $104
  • Associate Consultant (175) $100
  • 1st Year Analyst (1151) $90
  • Intern/Summer Associate (205) $83
  • Intern/Summer Analyst (625) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”