Wachtell Former Summer Associate Taking Qs
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Poast new message in this thread
Date: September 21st, 2005 5:27 PM Author: fuchsia goyim
Shoot, people.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873488) |
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Date: September 21st, 2005 5:31 PM Author: Disrespectful Nowag
nm.
Thats awesome how they hire 1L URMs and then dont give any offers, and dont even let them reinterview 2L fall.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873548) |
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Date: September 21st, 2005 5:42 PM Author: Disrespectful Nowag
yes, you can come back after you graduate - maybe, but they dont give you a permanent offer after 1L summer like most other firms. They take a hard look at your entire 3 year transcript.
and they dont let you come back 2L summer either.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873674) |
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Date: September 21st, 2005 5:44 PM Author: fuchsia goyim
Yes they dont give you an offer as a 1L or allow you to work as a 2L.
Even with those restrictions I would imagine a 1L gig at Wachtell is still pretty damn desirable.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873696) |
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Date: September 21st, 2005 5:47 PM Author: fuchsia goyim
I am not sure how the program works but a lot of big firms do exactly what you are referring to.
Frankly, who is willing to pay a lot of money to have 1L summers?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873726) |
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Date: September 21st, 2005 6:01 PM Author: Disrespectful Nowag
hire you mean?
Of course Wachtell does not have to hire 1Ls, unless it wants to hire at least 3-4 URM students and maybe one son of the Goldman CFO, and these students don't have straight A's or law review at HYSCCN.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873812) |
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Date: September 21st, 2005 6:01 PM Author: fuchsia goyim
Name another top 5 firm that hires 1Ls for non-diversity reasons.
Exactly.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873811) |
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Date: September 21st, 2005 6:05 PM Author: fuchsia goyim
My life is definitely more fulfilling now that I know about the 1L hiring policies of Skadden and Weil.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873831)
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Date: September 21st, 2005 6:06 PM Author: zippy hideous dysfunction school
First of all, top 5 has no meaning. Not everyone plan on doing corporate transactions. In the field I'm going into, I got 1L callbacks from virtually every top firm.
Second of all, I didn't narrow my statement to "Vault Top 5." I said "tons of firms." Aren't you a pretentious moron? Exactly.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873833) |
Date: September 21st, 2005 5:29 PM Author: Blathering odious hissy fit friendly grandma
what was the work atmosphere like? how are the people?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873514) |
Date: September 21st, 2005 5:30 PM Author: godawful idea he suggested
This summer or a previous one? Are you going back?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873527) |
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Date: September 21st, 2005 5:31 PM Author: fuchsia goyim
I would rather not say (it is a VERY small class after all).
I am going back although I have not formally accepted yet.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873542) |
Date: September 21st, 2005 5:31 PM Author: confused bawdyhouse
Do you think Hillary Duff looks hot with her new look. I personally think she looks pretty fucking hot.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873552) |
Date: September 21st, 2005 5:32 PM Author: Brindle quadroon
Do some practice areas seem worse, hours-wise, than others?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873569) |
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Date: September 21st, 2005 5:36 PM Author: Blathering odious hissy fit friendly grandma
oncall 24/7 that sucks sweaty monkey balls
are you going back? any other choices you're considering?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873607) |
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Date: September 21st, 2005 5:42 PM Author: fuchsia goyim
I think that people entering certain professions, such as consulting, banking, and corporate law in NYC have to be realistic about paying their dues.
And yes that means no life outside of the office for a while.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873686) |
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Date: September 21st, 2005 5:51 PM Author: fuchsia goyim
Thanks for the career advice.
Or I will make a lot of money getting great training and move on to a different high paying job in a few years.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873756) |
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Date: September 21st, 2005 5:57 PM Author: confused bawdyhouse
where you end up working 24 hours a day and never seeing your friends and family.
First prize is more cake, as the saying goes
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873793) |
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Date: September 21st, 2005 5:59 PM Author: fuchsia goyim
The saying was about making partner.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873801)
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Date: September 22nd, 2005 9:14 AM Author: floppy halford wrinkle
great money
hah!
while bankers make 10x your salary
boy are you ignorant
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3878531) |
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Date: September 22nd, 2005 9:32 AM Author: sickened brethren
well, by your logic, they're not exactly idiots if they figured out they could make more elsewhere. i happen to agree that if you want to do corporate, might as well do i-banking. (although, i know some people in law school who did i-banking and thought that what the lawyers were doing was more interesting -- i know this is a minority position.)
anyway, i want to be a litigator, so the balance of $$$ and doing what i'm genuinely interested in doing seems pretty optimal at a place like wachtell. but that's just me.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3878583) |
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Date: September 22nd, 2005 10:17 AM Author: ungodly locale
well, that is that balance I am assesing right now.
I, like you am more interested in litigation. But helping corporate juggernauts get away with fraud, or doing securities law isn't exactly why I'am consider law to be more intersting. Look at the hours required at wachtell. It's still a better deal than at others things, but compared If I have to sell my soul to corporate america, I would rather do it at an I-bank where, the money is better and after a few years, the hours become reasonable. Hedge funds or private equity are an even better option in terms of $$$$/hours
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3878721) |
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Date: September 22nd, 2005 10:21 AM Author: sickened brethren
So what you're saying is: instead of helping "corporate juggernauts" get away with fraud, you'd rather commit that fraud yourself. SWeet!
If your problem is with serving corporate America, the question of Wachtell vs. some similarly situated firm is immaterial.
If you like the idea of I-banking, go for it, dude. I'm not really even sure what the dilemma is.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3878729) |
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Date: September 22nd, 2005 10:27 AM Author: ungodly locale
That'is exactely what I am saying. I don't think corporat M&A law or securities law is more interesting that I-banking or Private Equity. Therefore If I go to apply to Wachtell, it will be for the money. Since I-banking, hedge funds and PE seem to be a better option in terms of hours and money, if I have a choice I will choose the former.
Come on man, 3200 billable hours for the rest of your life? It isn't just worht it!
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3878743) |
Date: September 21st, 2005 5:38 PM Author: Brindle quadroon
Are the hours so long compared to other firms mainly because:
1. Matters are so lightly staffed considering their complexity
2. People work on many different things
3. Wachtell people go more in-depth into matters than they do at other firms
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873628) |
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Date: September 21st, 2005 5:39 PM Author: fuchsia goyim
Mostlty on #1. On the transactional side there very few people on each team compared to other firms and the effect is that there is a lot of responsibility right away which means a lot of hours.
Also just the nature of the work in general. Clients who pay big fees expect things done instantly.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873651) |
Date: September 21st, 2005 5:39 PM Author: Disrespectful Nowag
Does it piss you off when the jews go home on Friday at 3 pm, but expect you to stay till 4 am?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873645) |
Date: September 21st, 2005 5:40 PM Author: confused bawdyhouse
Are you male or female.
If Female, are you hot in your opinion?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873652) |
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Date: September 21st, 2005 5:41 PM Author: fuchsia goyim
I dont think my gender is particularly important.
And in either case yes I consider myself "hot."
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873667) |
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Date: September 21st, 2005 5:56 PM Author: zippy hideous dysfunction school
Translated:
female and not very hot
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873789) |
Date: September 21st, 2005 5:43 PM Author: harsh bateful place of business
is there a gym at the office
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873691) |
Date: September 21st, 2005 6:05 PM Author: diverse personal credit line mental disorder
do you like your life? have a signifacnt other?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3873832) |
Date: September 21st, 2005 6:35 PM Author: Grizzly spectacular useless brakes people who are hurt
Are you as prestigious as me?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3874012) |
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Date: September 21st, 2005 7:12 PM Author: ungodly locale
Is it true what they say about not doing drudgerie work, about the minimal distinction between the partners and the associates?
When you say the hours are long, what exactely do you mean? What would the typical week schedule for someone who want to make partner their?
What about diversity?
When you say they don't give offer to 1l and they don't allow them to come back, why would anyon summer there on their 1l instead of going on their 2nd year?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3874289)
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Date: September 21st, 2005 10:23 PM Author: fuchsia goyim
There is quite a bit of drugerie work but probably less so than other firm. The line between partners and associates is very small and in some cases (for senior associates) practically non existent.
If you are serious about making parter you would probably be working 3200-3500 hours.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3875828) |
Date: September 21st, 2005 6:57 PM Author: cerise institution
What are the exit opportunities that you get coming from WLRK that you wouldn't get coming from a Vault-50 firm?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3874177) |
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Date: September 21st, 2005 7:02 PM Author: fuchsia goyim
I-banking seemed considerably easier. People left for hedge funds, private equity funds, and in-house positions that seemed very tough to get without a real top pedigree.
I think a lot of these opportunities are also available for similarly situated associates in other top 5 or so firms but due to the intense pace and the way the assignments are structures its probably easier to move out earlier.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3874227) |
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Date: September 21st, 2005 10:24 PM Author: fuchsia goyim
When the M&A market is hot it is easier to move into a bank but for someone with no business/valuation experience on the whole it is still pretty damn hard.
I would not say "littered," mostly because most Cadwalader cap markets associates are barely employable. There may be few who get into banking but on the whole it is a very tough proposition.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3875845) |
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Date: September 21st, 2005 10:37 PM Author: Adventurous business firm jap
Yes there are "a ton" of discarded associates of a TTT firm working in high paying banking jobs.
There are also "a ton" of NYLS graduates working at Skadden.
Moron.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3875993) |
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Date: September 21st, 2005 7:06 PM Author: cerise institution
Did the people going to hedge funds or private equity get offers to work as lawyers or as fund managers/partners/whatever the non-lawyer people are called?
Edit: and what are the "top" in-house gigs? By "top" do you just mean Fortune 100, or are there a few companies that are considered to be the "best" places to go in-house?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3874255) |
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Date: September 21st, 2005 10:25 PM Author: fuchsia goyim
A lot of people go on the business side.
The best in-house gigs are at funds at offer equity participation or for large corporations at level where a lot of stock options are being thrown around. Needless to say those jobs are very hard to get.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3875855) |
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Date: September 21st, 2005 7:16 PM Author: ungodly locale
After how many years do people typically leave for I banking, hedge fund or PE? And at what level are they recruited (for exemple can a 4th year associate become a VP at an I-bank?)
Are the exit opportunities the same in Antitrust as in Corporate?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3874323)
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Date: September 21st, 2005 10:26 PM Author: fuchsia goyim
People leave usually between 3 and 6th year. People who go to banks usually take at least a year back. For example a 4th year associate will come in as a 3rd year banking associate.
I am not aware of anyone going to a bank on the VP level.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3875866) |
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Date: September 22nd, 2005 2:31 AM Author: Bearded home haunted graveyard
This makes NO sense. If you want to go into i-banking go to fucking b-school. Open up a spot for someone who actually wants to be a lawyer.
As for Wachtell. Have fun with that.
HTH
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3878247) |
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Date: September 22nd, 2005 7:34 AM Author: sickened brethren
"As for Wachtell. Have fun with that."
Typical jealous response.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3878444) |
Date: September 21st, 2005 7:39 PM Author: titillating sticky point
what is the total compensation package? are the GA boards correct that the nondiscretionary bonus doubles the market-rate base salary?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3874424) |
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Date: September 21st, 2005 10:27 PM Author: fuchsia goyim
The total compensation is far and away the most generous in NYC. 1st years made about $200k last year, plus all kinds of fringe benefits that are just not available elsewhere.
The double market-rate pay is something that happened for a short time in the late 1990s.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3875874) |
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Date: September 21st, 2005 10:49 PM Author: fighting abode blood rage Subject: lit work
What about the litigators at Wachtell? What do they do after 3-6 yrs, and do they also have good exit options (e.g. US Atty's Office, etc.)?
Would you say the litigation work at Wachtell is as good as any in NY?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3876132) |
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Date: October 16th, 2005 9:29 PM Author: sickened brethren
A brilliant and substantive rebuttal.
Haven't been dinged by a firm yet, so apparently my idiocy is less obvious to their admittedly less discerning minds.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#4063988) |
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Date: January 29th, 2007 2:31 AM Author: Aromatic chestnut theater turdskin
I really have to say that your comment above is among the most naive and ridiculous things I've seen on XOXO, particularly for a comment that isn't meant to be offensive.
Not for nothing, but no person who has ever had a permanent, full time job (I'm talking about more than 12 months between UG and LS here) would dream of dismissing a per-hour calculation for some abstract total comp perspective that ignores the actual quantity/quality of work performed.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#7504277) |
Date: September 21st, 2005 10:33 PM Author: know-it-all brunch
Is there any point even showing up to my interview tommorow if my grades arent top?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3875943) |
Date: September 21st, 2005 11:52 PM Author: Lascivious pea-brained gas station scourge upon the earth
You sound like a dicksucking loser. When was the last time you sucked a cock? Don't fucking lie either you nutsack-sucker.
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3876892) |
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Date: September 22nd, 2005 9:21 AM Author: floppy halford wrinkle
tons of gays in law school
it shouldnt surprise you that a few go to wachtell
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#3878551) |
Date: October 16th, 2005 8:30 PM Author: amethyst razzmatazz locus
Does Wachtell always send ding letters or does it not even bother?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#4063312) |
Date: January 29th, 2007 1:49 AM Author: trip spruce den
Does it depress you that banking pwns law?
(http://www.autoadmit.com/thread.php?thread_id=263965&forum_id=2#7504114) |
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