We want LI to be one of the friendliest places on the internet, where lawyers and law students help each other with their career related queries and occasionally discuss other stuff that might affect their lives too. In other words:
1. Be kind, respectful and helpful to each other.
2. Be bona fide, truthful, genuine and curious.
3. Assume the best intention of others.
Therefore, in using the site, you must agree to do your best to uphold these community guidelines.
Note that what you find here is written and moderated by anonymous people on the internet.
Therefore everything you read here is very likely unverified, rumour, speculation and/or downright false.
In continuing to read anything here, you must therefore agree not to take anything you read here as factual and that you will exercise due caution, diligence and common sense before acting on any information you may come across here.
You also agree to report any inaccurate or malicious comments with the buttons. Moderators take action within 24 hours, as required and appropriate under law.
Our full terms and conditions apply too.
Do you solemnly agree to all of the above?
I know it sounds really interesting but let me break the reality of law firm practice in it to you. You will be relegated to 1. Boring editing of long documents, 2. Comparing docs, 3. Checking again, 4. Filling details in the docs.
The "really interesting part you read in articles" is enjoyed by the fund managers, the bankers, and of course the LPs.
While associates do exactly as you described, partners do get a small piece of the "really interesting part" i.e structuring, advising, negotiations etc.
The comparison makes very little sense because juniors at the other offices (fund managers, bankers etc) don't get to do the exiting job as well. Ig people in funds are there for the longer game. It is highly unconventional at the global level compared, and tbh I'd do it anyday over gc or mna in India.
At the same time I agree with you, kids need to be absolutely sure about what they want and understand the role lawyers play and our scope of work. It is very limited during the starting years.