Was taking a look at some top law firms and it made me wonder why anyone would choose to be an M&A lawyer instead of working in banking. Even WLRK, the top M&A law firm by revenue per lawyer is only 3.1 million. don't MDs at banks make that much in a year? are partners at top M&A law firms being paid nothing compared to MDs at banks?
someone please explain this to me
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Maybe cause some people (shocking) actually like law over finance?
Also partners at Wachtell pull in $7-8mm a year which I think only places like CVP could rival.
Plus, if you think the "average MD" makes 3 million a year at all BBs, EBs and MM firms, I think you're mistaken... though I could be wrong.
ya bro why are people interested in any other career besides finance
thanks, smartass. how about you give an actual answer instead of trying to be funny for useless banana points
Or how about you quit being a lazy fuck and use search because this topic has been talked about several times on wso
Then why don’t you contribute something useful rather than obviously useless posts
You can't give an actual answer to a question that is retarded
I deal with internal and external legal teams all the time. From our deals, the legal portion is actually quite fun. Most of our detailed negotiation happens during this step, our lawyers are young, passionate and experienced about various legal fields and I really enjoy working with them.
Those lawyers deal with the courts, new legislation we have never heard of, we can draw from their experience when it comes to the exact wording and they are our allies who look out for us if we miss something.
You need three people to survive anything - a good banker to look after your wealth, a good doctor to look after your health and a good lawyer to protect your rights.
What industry are you in/cover?
Private equity and venture capital, in combination with innovation management.
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