Hey everyone,
Going to sound a bit like an idiot here but I am leaving my bank for another bank with better capabilities. Problem is, I have an active MM M&A mandate that I would like to keep working at my new shop and no one in the current bank has touched this deal. We are a small shop so I have worked this alone.
I would like to negotiate a fee split with my current boss to make sure I can continue the mandate and get it done, while not working for free. Does anyone have experience with this from a contractual standpoint? Obviously the EA is under the current bank and has a 12 month tail on it if the company just fires the bank. I am thinking I am legitimately at the mercy of my old boss here because I am not just going to abandon the deal when I leave.
Any advice is always appreciated, even if it is what I think it is and I am screwed.
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