Private Equity Law

[bhbuygu]

Hi,

What are the reasons someone might become a private equity lawyer as opposed to a private equity investment analyst?

 

[Jessica Booker]

Hi @bhbuygu - what are your thoughts on this question?

 

[AvniD]

Hi,

What are the reasons someone might become a private equity lawyer as opposed to a private equity investment analyst?

I had a quick look at this article here and this sentence stood out to me - Private Equity Analysts are hired directly out of undergrad without previous full-time experience.They work on the same types of tasks as Associates: deal sourcing, reviewing potential investments, monitoring portfolio companies, and fundraising, but they complete fewer projects independently from start to finish.

And from this chambers Student article with Sidley Austin - As a mid-level associate, my role involves managing deals and leading various workstreams. This involves having a deep understanding of the various issues that could come up in a deal and catering for every eventuality so that we are always prepared, and also connecting with other specialist teams and advisors to ensure that the client gets the full range of advice required to ensure that the deal is done well.

In comparing the two, you can see that the roles require different skills and fulfilling different sets of responsibilities. A PE analyst would be more concerned with day-to-day business trends and market activity whereas a PE lawyer would step in when a deal is on the horizon and manage the legal processes involved in getting it done. A PE analyst would be crafting a deal but a PE lawyer would be helping execute it from a legal standpoint. So depending on what you like more, you could use any of these factors and tie them back to your experiences to argue why you may want to be one over the other.

 

[bhbuygu]

I had a quick look at this article here and this sentence stood out to me - Private Equity Analysts are hired directly out of undergrad without previous full-time experience.They work on the same types of tasks as Associates: deal sourcing, reviewing potential investments, monitoring portfolio companies, and fundraising, but they complete fewer projects independently from start to finish.

And from this chambers Student article with Sidley Austin - As a mid-level associate, my role involves managing deals and leading various workstreams. This involves having a deep understanding of the various issues that could come up in a deal and catering for every eventuality so that we are always prepared, and also connecting with other specialist teams and advisors to ensure that the client gets the full range of advice required to ensure that the deal is done well.

In comparing the two, you can see that the roles require different skills and fulfilling different sets of responsibilities. A PE analyst would be more concerned with day-to-day business trends and market activity whereas a PE lawyer would step in when a deal is on the horizon and manage the legal processes involved in getting it done. A PE analyst would be crafting a deal but a PE lawyer would be helping execute it from a legal standpoint. So depending on what you like more, you could use any of these factors and tie them back to your experiences to argue why you may want to be one over the other.

Really useful, thank you so much! I appreciate your efforts