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Can someone please be kind enough to elaborately explain what is the difference in kind of work between m&a and PE teams?

Also which is better pay wise?
M&A and PE or transactions as a whole pay well. Public M&A is the best but very few teams do it. After that all transactions are the practice area to be and often synonymous with what the world perceives a corporate lawyer to be.
You may come to know this in detail in LLM curriculum.
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