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Yes, I second this. In fact, it will open a lot many in house roles as well and from there you will get industry specific experience.
Stick to GC (since GC and M&A are 2 different practices). B&F and CM (both DCM and ECM) are low billing areas with money dried up towards the top. Once you grind in GC, another specialization can be added on along the way with a sector specific strength. Best of luck!
I'm thinking of zeroing in on these three practice areas

1) Gencorp / M&A

2) Banking & Finance

3) Cap markets