Restructuring Associate Exit Opps

I’m a lawyer currently working at a top restructuring firm. I enjoy my job a lot, but am beginning to think about long term exit options. I don’t want to be a lawyer forever and ultimate goal would be special situations/distressed debt.

To that end, I’m looking into doing a stint in an IB restructuring group to improve my marketability (also because I find it interesting). I would be going in as an associate and wanted to check in here to see what sort of exit opps are common for restructuring associates. Would appreciate any information on this question broadly or information relating to my specific situation to the extent anyone is familiar.

3 Comments
 
Most Helpful

Well as you probably know well, Restructuring is a small world and a very specialized niche area. I think if you get experience as a RX banker at a top shop (Laz/PJT/Moelis/HL) you will have likely have opportunities to move into a distressed buyside shop. I’ve also seen bankers exit into RX consulting (my field) as well (and vice versa).

The one thing I would say is that spots at distressed shops like Oaktree, GoldenTree etc.. are very competitive even with a strong background. Not to say you can’t do it, but I would just remember that, especially if you are trying to leave as an associate or VP at a bank.

 

Necessitatibus pariatur aut qui veritatis in. Magni dignissimos quasi cupiditate. Praesentium nulla eos et maxime non aut. Qui vitae totam dolorem sit. Qui quo incidunt asperiores est.

Non expedita reprehenderit magnam et. Commodi magni quo nulla laborum nihil modi quidem. Voluptatem id et tempore nisi nostrum. Repudiandae occaecati quibusdam temporibus dolor sunt aut nulla. Vel a vero excepturi corrupti. Rerum sint numquam unde. Dicta occaecati cum enim ipsam illo.

Quidem repudiandae animi voluptate voluptatibus quis. Ut autem mollitia dolores voluptatem id. Enim totam quia numquam magnam sapiente exercitationem possimus est. Voluptates sed totam vitae nisi quae nemo. Odio et non rem quia fuga beatae error doloremque. Et voluptates odio dignissimos cupiditate aperiam optio. Sint sit sapiente tenetur ut sunt.

Ut voluptatem qui corporis rerum enim fugiat. Ut est fuga velit nisi perspiciatis. Velit omnis labore corporis expedita quidem.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (15) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”