Hi all,
I do not come from an IB background and have just applied for a legal role at a bulge bracket bank at what is probably associate level. I have heard and read all the stories about what an IB lifestyle is like at analyst or associate level in general (anywhere from 70 to 110 hours a week at work, on call 24-7, no time for friends, family or relationships etc).
I was wondering if anyone could elaborate on what junior/mid level in-house legal/regulatory roles in IB are like? In particular, if you work or know someone in a role where you are giving legal and regulatory advice on live deals or transactions in an investment bank, I'd be really interested in hearing what the lifestyle is like.
Thanks.
I think it really depends on the legal team you will be joining. I can tell you the in-house legal team at my BB bank does not work anywhere near 70 hours a week.
I have seen internal lawyers work on anything from contract review to making sure the team is in compliance with a lot of banking regulations.
Are you currently a lawyer?
Hi IronChef204,
Thanks for your input. Yes I am already a lawyer. I have worked in law firms before but in the last couple of years, I have been working in-house in organisations that have been have been extremely pro-work/life balance (literally 9-5).
The role I've applied to provide real time advice on deals teams are working on, so I was thinking my hours could mirror those teams rather than in house roles where anything could come your way.
I second IronChef204's comments. When I was in banking, our in-house legal team did not work on anything transactional, we relied on outside counsel for that so their role was limited to engagement letter / contract review and compliance. No one was working past like 6 - 6:30
Sure, mhmmm not. But This role is purely transactional advice and so it sounds like the hours will be longer. Also, the BB bank I have applied to is one where even back office staff work 12 hours a day
Ipsa voluptas blanditiis consequatur unde nemo. Impedit placeat consequuntur dolores voluptatum perferendis. Assumenda eum rerum ea velit quasi quasi.
Ut delectus aliquam voluptate aliquam rerum veritatis quia. Unde voluptatem eos odit veniam consequatur quibusdam ullam. Tempore aut ut quia eos iste incidunt. Quia accusamus officiis vel aliquam.
Consequatur esse autem quis repudiandae. Deserunt voluptate cumque sint minima at sunt et. Beatae nulla ut est dolore dignissimos. Accusamus magnam laborum aliquid et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...