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A huge selling point for capital markets is that it is very client-facing at an early stage of your career during kickoff meetings. Apart from that, you culminate an understanding of businesses and industries in and out, as a result of all the documents you diligence. Lastly, and this might not align with what most people say about cap marks, but there is immense potential for cap marks lawyers to move in-house to start-ups that are planning on going public.
While I understand that the ICDR is the end-all-be-all for cap markets lawyers, it’s not as if the field has zero prospects or advantages whatsoever. Stick with it for a year, and you being able to switch to another team should depend entirely on how you sell yourself.
That you’ll have to do on your own. So while you have a job, use that leverage to reach out to folks and ask for an opening in their team in different practice area.
Seniors tell me if I want to switch, I should now only because 1 year down I will be too deep into my current work. However others suggest that I spend at least 1 year at the firm to make myself more marketable to say recruiters etc.
What advice is actually good? I am looking to switch IMMEDIATELY.