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.
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