any chance to start banking as VP?

Just finished my summer associate gig and realized there's no way I want to spend 6 years just to get to 3rd year vp. Are boutiques willing to start people out as vp or 3rd year associate if they have the requisite work experience (think 4 years of legal practice)?

5 Comments
 

know it is possible to go to vp at BB if you were to work for a top 10 practice, but don't know about anything about boutiques or comming from a less prestigious practice. 4 years is fine.

 

I know of a fresh VP in M&A who came out of Corp Dev with an F500... I think he had some banking background at the Analyst and/or Associate level. Also know a senior Associate who came from law, but didn't get boosted in years because of it (that I know of).

 

is that the BB's will screw you in terms of tenure (if you have 4 years at biglaw, you will come in as 2nd/3rd year assoc rather than 1/2nd year VP). The people who come in as VP's generally have enough experience to almost be MD's (they effectively discount experience anywhere except the buyside, but no one really moves from the buyside to banking). You will have more success with boutiques who are more likely to value experience

 

Est est ea incidunt assumenda molestias aperiam in. Nesciunt quaerat voluptatem illo nulla quidem praesentium. Quod et placeat laboriosam quibusdam.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
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

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...”