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?
ICDR regulations, and now even the revised ones are minor changes. Drafting of IPO, QIP documents itself is a art, if AI can do it, why do clients approach firms. The work may seem mundane but it is very intersectional once you go up in the long run!
About difficulty to become a partner, I think it's just as much as any other practice area, or maybe a little more because it's more difficult to stick around in CM. But since people keep leaving, if you get through 4-5 years, competition lessens. Sticking around for at least a decade should help you start your own books.