Looking for insight as I'm trying to switch careers from law to private equity.
I am from Australia and studied a bachelor of Law (honours) and a Bachelor of Arts dual degree at Monash University. I have a 3.0gpa for the dual degree. During my undergraduate, I studied abroad at Oxford University, London School of Economics and at a University in Asia. I also have a Master of Laws (Commercial Legal Practice) from BPP University where I got a 3.5gpa (hardly a target university but work paid for it and sent me there). I also completed the CFA while working.
During law school, I launched my own, albeit small, start-up and sold it a couple of years later to an investor. After this, and while still at law school, I worked part time (and full time for a couple of summers) as an Investment Banking Intern at a Canadian HQ'd investment bank in Australia. Upon graduation, I worked here as an analyst for 6 months. Although I did some M&A, the main focus of the team was equity capital markets. Therefore, I have approximately 1 year and 9 months experience working in investment banking (though most of this is as an intern). I also volunteered as a consultant for 6 months while at university.
After my stint in IB, I moved to the UK to work in BigLaw at a US HQ'd law firm in their London office. The reason for the move was because I accepted the role 2.5 years prior, which was before I even started working in IB. I have been at the law firm for two years. I am dual qualified in the UK, Australia and New York as a lawyer. I have completed rotations at work in private equity, M&A, reorgs and completed a 6 month secondment at the Hong Kong office, before settling as a lawyer in the private equity team at the law firm.
I am 27. The end goal is to break into private equity. I understand that the normal process is 1.5-3 years at a BB bank doing M&A or an MBA (or both), before breaking in. I have just over 1.5 years in IB (though mainly as an intern) at a mid-tier bank doing mainly ECM, 2 years in law with private equity/M&A/restructuring experience, CFA and Master in Law. What are my chances of braking straight into PE based on the above? Has anyone seen someone make this kind of move straight to private equity from law (with some IB experience)? If not, do you think it's remotely feasible? Or would I be better off trying for IB at BB or MBA before moving in PE? I am looking to work in either London or preferably New York.