Quote:
Originally Posted by Colin_Piddle
Pretty sure litigation you will end up putting in way more hours then corporate for the same pay.
I probably bill more than my corporate peers, but it's predictable and more manageable. If you're doing M&A you're putting 0-3 hours a day up at times, but (a) you're still in the office and (b) your bad days are going to be brutal and unpredictable.
I have friends in M&A who bill 1500 hours a year but still get all of the downsides of biglaw.
Quote:
Originally Posted by minnesotasam
What makes you say exit options are more diverse?
Depends on what type of corporate work you're doing, but a lot of it just doesn't scale down. If you're doing regulatory work for large public companies or hedge funds, you can get great in house gigs within your niche, but outside of that you're going to struggle.
Litigation is just a broader set of skills. If you get decent experience (never a guarantee in biglaw, obv), you can join a lit firm of any size and be fairly comfortable. The in-house options are also broader, especially if you specialize at all. Any medium to large sized company is going to want someone who can handle litigation around. There aren't going to be 100 companies in NYC that each have a department consisting entirely of litigators, but you're not as tied to your niche.