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PSA: M&A Deal Flow Down 25%

http://m.cnbc.com/id/47913343 OCI 2008 again?
.,,,......,.,..  06/22/12
...
.,,,......,.,..  06/22/12
there is only one indicator that matters: the rate of BOOKE...
Hemidemisemipumo  06/22/12
v20 firm, nyc. office is DEAD. seriously afraid of layoffs a...
,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.  06/22/12
why did your firm choose to rely so much on work that was co...
Hemidemisemipumo  06/22/12
because the partners are faggots who were jizzing all over t...
,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.  06/22/12
please out firm, or at least be more specific within v20
.,.,,..,.,,.,.,:,,,...,,....,:,.,.:...:.,:.::,.  06/22/12
its a usual suspect known well for layoff pwning associates....
,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.  06/22/12
...
.,.,,..,.,,.,.,:,,,...,,....,:,.,.:...:.,:.::,.  06/22/12
you starting at latham bro? if so, I assume you've heard not...
,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.  06/22/12
...
.,.,,..,.,,.,.,:,,,...,,....,:,.,.:...:.,:.::,.  06/22/12
whats the point? no one will hire you breh. just study for d...
,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.  06/22/12
well, i'm sure you've got a thick "portable book of bus...
Hemidemisemipumo  06/22/12
just enjoy yourself
Guys at HBS did that all the time. It was NBD,  06/22/12
cant bro. terrified of jerb loss and 150k debt. my grades ar...
,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.  06/22/12
how the mother fuck did you get Latham with those grades?
Zero Dark Turdy  06/25/12
1L is all that matters breh
,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.  06/25/12
everything has to do with the health of the eurozone. as lon...
;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.;  06/23/12
I'm 2 months away from dropping 240k at NYU. NOT flame. Can ...
.,,,......,.,..  06/22/12
brother, in all seriousness, 240k is not worth a 160k jerb, ...
,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.  06/22/12
Fuarrrrrrkkkk. I just don't want to toil away in my 20s for ...
.,,,......,.,..  06/22/12
brother, just do the MATH. even if you win with 80% placemen...
,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.  06/22/12
protip: you won't last 6 years
.,,.....,.,.,.,:,,:,,.:,:::.,,.,:,.,.::.:.,:.::,.  06/22/12
Tcr.
.,.,..,,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,.  06/22/12
It's really not that hard to last that long if it's what you...
PDzorro  06/22/12
But that's the rub. Very few people have the endurance to l...
;;.....,,..,.,.,.,.,;;;:;..  06/23/12
Most people quit within 3 years, even though they go in thin...
....;;;...;.;;;....;;;;...;.;.;;  06/23/12
dear god don't do this....
Guys at HBS did that all the time. It was NBD,  06/22/12
Dude. I want not to do this but i feel like if I don't striv...
.,,,......,.,..  06/22/12
go to bschool
Guys at HBS did that all the time. It was NBD,  06/22/12
this is only a VERY slightly less bad idea, unless he can go...
,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.  06/22/12
(160k in debt for an 80K jerb)
Nathan Drake  06/22/12
go study geology in an oil state. stop being a faggot. law i...
;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.;  06/23/12
STFU ok? most people hate their jerbs. most people have hate...
..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.  06/23/12
Don't be fucking stupid. If its 240k for tuition and COL, it...
....;;;...;.;;;....;;;;...;.;.;;  06/23/12
holy shit listen to me very carefully: DO NOT DO THIS. this ...
.,,.....,.,.,.,:,,:,,.:,:::.,,.,:,.,.::.:.,:.::,.  06/22/12
I know right. 0Ls are so annoying. Your tuition is ridiculou...
....;;;...;.;;;....;;;;...;.;.;;  06/23/12
fukn idiot... we all told you in your other thread not to go...
;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.;  06/23/12
He is a poli sci shithead, let him fail.
MrJackson  06/23/12
1. Call Fordham, obtain full ride, take it. 2. Transfer to ...
.,.,...,..,..,:,,:,...,:::,...,:,.,.:...:.,:.::,.  06/23/12
This is credited. If you do shitty at Fordham you should ju...
Gregor  06/23/12
lol euros didnt load up on debt until after we (USA) destroy...
;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.;  06/23/12
M&A is dead. The next apocaplsyse is coming.
Drunkard  06/22/12
Yet finance is jamming right now. Everyone I know is gettin...
PDzorro  06/22/12
Yeah, because they just had huge layoffs.
.,.,..,,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,.  06/22/12
Finance departments at law firms, not banks.
PDzorro  06/22/12
Banks are slashing compensation and jobs.
Nathan Drake  06/22/12
What does this have to do with my post?
PDzorro  06/23/12
nyc v10 corporate isn't crushed but there's plenty of work.
powerless in the face of virginity  06/22/12
I assume it's because credit markets are freezing up again w...
michael yidd-killchrist  06/23/12
credit markets in euro are locked, so euro firms come here l...
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  06/23/12
There's plenty of leveraged deals going to the market right ...
PDzorro  06/23/12
i didn't say there weren't any. I just said credit has more ...
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  06/23/12
You post really contradicts itself. PE funds trying to exit...
PDzorro  06/23/12
re-read, genius. looking to exit is whats pushing some of it...
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  06/23/12
i spend 6-7/days a wk analyzing risk, not mechanically copy/...
..,.,;..;...;:..;.,...;..,..:.,....  06/23/12
gtfo doobs
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  06/23/12
aaaaaaaaargh! I just felt this needed to be said.
Emo Cyborg  06/23/12
yes, I am feeling the slow down too. I have an offer for a ...
Japanese Train Expert  06/23/12
enjoy tudor pickering!
,.,...,..,.,.,;:,.:,.,.,::,..,..,:,.,.:.:.,:.::,.  06/23/12
nice catch
fIame (retired)  06/25/12
...
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  06/23/12
good. i hope i have no work the rest of the year then get 3...
..,.,;..;...;:..;.,...;..,..:.,....  06/23/12
Lit is doing fine judging by my calendar through to mid-Augu...
steve  06/23/12
we're busy as fuck. i think this is only a problem at shitty...
gooroo  06/23/12
100 hours for June
fIame (retired)  06/25/12


Poast new message in this thread



Reply

Date: June 22nd, 2012 9:16 PM
Author: .,,,......,.,..

http://m.cnbc.com/id/47913343

OCI 2008 again?

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938388)



Reply

Date: June 22nd, 2012 9:21 PM
Author: .,,,......,.,..



(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938421)



Reply

Date: June 22nd, 2012 9:24 PM
Author: Hemidemisemipumo

there is only one indicator that matters: the rate of BOOKED CONFERENCE ROOMS.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938443)



Reply

Date: June 22nd, 2012 9:26 PM
Author: ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.

v20 firm, nyc. office is DEAD. seriously afraid of layoffs again. fuck the euros fuck them hard.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938453)



Reply

Date: June 22nd, 2012 9:27 PM
Author: Hemidemisemipumo

why did your firm choose to rely so much on work that was contingent upon the health of the eurozone? sounds like a foolhardy plan to be honest. is there not a backup plan?

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938456)



Reply

Date: June 22nd, 2012 9:33 PM
Author: ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.

because the partners are faggots who were jizzing all over themselves in Q1 2011 that the worst was over and it was recovery time, and so expanded with laterals and were generally just dumb greedy boomer fucks. now we are overstaffed and top heavy and the work just inst there. whats worse is that with euro crisis continuing, we have our own debt ceiling crisis/bush tax cut/sequestration thing coming up and that scares me. I think if europe doesnt explode, we can limp along without layoffs until after the election, but if we fail on our debt ceiling and tax cut showdown, I think that could be the final straw and there could be real layoffs again.

fuck.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938485)



Reply

Date: June 22nd, 2012 9:40 PM
Author: .,.,,..,.,,.,.,:,,,...,,....,:,.,.:...:.,:.::,.

please out firm, or at least be more specific within v20

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938522)



Reply

Date: June 22nd, 2012 9:48 PM
Author: ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.

its a usual suspect known well for layoff pwning associates. we also have not to my knowledge let our incoming associates know when their start dates will be.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938572)



Reply

Date: June 22nd, 2012 10:04 PM
Author: .,.,,..,.,,.,.,:,,,...,,....,:,.,.:...:.,:.::,.



(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938669)



Reply

Date: June 22nd, 2012 10:16 PM
Author: ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.

you starting at latham bro? if so, I assume you've heard nothing re start dates?

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938789)



Reply

Date: June 22nd, 2012 10:23 PM
Author: .,.,,..,.,,.,.,:,,,...,,....,:,.,.:...:.,:.::,.



(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938871)



Reply

Date: June 22nd, 2012 10:32 PM
Author: ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.

whats the point? no one will hire you breh. just study for dat bar and hope things work out. my guess is that the firm is gonna give you doods optional deferrals and hope a bunch of you guys take em. they wont revoke though, thats too cruel.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938921)



Reply

Date: June 22nd, 2012 9:42 PM
Author: Hemidemisemipumo

well, i'm sure you've got a thick "portable book of business" and can land somewhere better.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938534)



Reply

Date: June 22nd, 2012 9:43 PM
Author: Guys at HBS did that all the time. It was NBD,

just enjoy yourself

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938540)



Reply

Date: June 22nd, 2012 9:48 PM
Author: ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.

cant bro. terrified of jerb loss and 150k debt. my grades are SPS too, like bottom third.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938565)



Reply

Date: June 25th, 2012 4:53 PM
Author: Zero Dark Turdy

how the mother fuck did you get Latham with those grades?

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20955633)



Reply

Date: June 25th, 2012 6:05 PM
Author: ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.

1L is all that matters breh

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20956054)



Reply

Date: June 23rd, 2012 3:08 PM
Author: ;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.; ( )

everything has to do with the health of the eurozone. as long as there is uncertainty anywhere, people are going to hold off on big deals, even if their business has nothing to do with europe

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20942149)



Reply

Date: June 22nd, 2012 9:29 PM
Author: .,,,......,.,..

I'm 2 months away from dropping 240k at NYU. NOT flame. Can imigur seat deposit. Should I defer a year? I'm gonna go for sure (gotta chase DAT prestige and 160k) but should I wait it out a year at my 50k 9-5 and see what happens with this Euromess?

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938465)



Reply

Date: June 22nd, 2012 9:34 PM
Author: ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.

brother, in all seriousness, 240k is not worth a 160k jerb, even if that jerb is 100% guaranteed. just do the fucking math brother.

as for holding out, honestly I would. who knows where this all shakes out, it could take years, and biglaw will be raped, again.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938493)



Reply

Date: June 22nd, 2012 9:36 PM
Author: .,,,......,.,..

Fuarrrrrrkkkk. I just don't want to toil away in my 20s for a 50k 9-5. Would rather strive and IBR if I fail. But I could defer --> teach English in Europe (ironic b/c riding out the Euromess would be the reason I'd be deferring) but still! What todo?

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938504)



Reply

Date: June 22nd, 2012 9:50 PM
Author: ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.

brother, just do the MATH. even if you win with 80% placement, you are still fucked. 240k will take like 6 years of biglaw to pay off. if you're lucky, you'll be back at 0.

find something else to do with your life brother, but LS is not the answer. seriously.

go teach english in asia brother.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938580)



Reply

Date: June 22nd, 2012 10:18 PM
Author: .,,.....,.,.,.,:,,:,,.:,:::.,,.,:,.,.::.:.,:.::,.

protip: you won't last 6 years

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938812)



Reply

Date: June 22nd, 2012 10:44 PM
Author: .,.,..,,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,.

Tcr.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20939002)



Reply

Date: June 22nd, 2012 10:51 PM
Author: PDzorro

It's really not that hard to last that long if it's what you want to do. Just don't be a dumb.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20939033)



Reply

Date: June 23rd, 2012 2:03 PM
Author: ;;.....,,..,.,.,.,.,;;;:;..

But that's the rub. Very few people have the endurance to last that long, since it is not what they want to do.

There's a misconception that "lasting that long" means avoid getting shitcanned. Firms don't need to fire you - you'll likely have a change of heart before they need to.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20941871)



Reply

Date: June 23rd, 2012 9:30 PM
Author: ....;;;...;.;;;....;;;;...;.;.;;

Most people quit within 3 years, even though they go in thinking they will last.

And you do realize your 240k tuition will be 270k-280k with interest by the time you get out. If you do NY biglaw and want to save any modicum of money, that means youre living in a small one room eating ramen just to pay off your loans. And by the time you quit biglaw you will still have over 150k in loans.

I can't believe people are STILL thinking about taking full loans to go to law school. I mean, seriously? How many times do we need to warn you?

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20944728)



Reply

Date: June 22nd, 2012 9:35 PM
Author: Guys at HBS did that all the time. It was NBD,

dear god don't do this....

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938502)



Reply

Date: June 22nd, 2012 9:38 PM
Author: .,,,......,.,..

Dude. I want not to do this but i feel like if I don't strive I'll regret myself and be settling. And I worked my ass off to even get in. Any Fall 2011 EIW had like an 80% placement. And my 50k jerb is boring as fuark and I don't like the industry but only have a dime a dozen BIGSTATEU polysci BA

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938511)



Reply

Date: June 22nd, 2012 9:40 PM
Author: Guys at HBS did that all the time. It was NBD,

go to bschool

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938527)



Reply

Date: June 22nd, 2012 9:50 PM
Author: ,.,...,..,,.,:,;,;,.,.,:,:,.,.,:,.,.:,:.,:.::,.

this is only a VERY slightly less bad idea, unless he can go m7 -> MBB.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938583)



Reply

Date: June 22nd, 2012 9:59 PM
Author: Nathan Drake

(160k in debt for an 80K jerb)

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938626)



Reply

Date: June 23rd, 2012 3:10 PM
Author: ;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.; ( )

go study geology in an oil state. stop being a faggot. law is dead and doesnt even count as striving. strivers dont even go to law anymore dumbass

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20942162)



Reply

Date: June 23rd, 2012 3:15 PM
Author: ..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.

STFU ok? most people hate their jerbs. most people have hated their jerbs for the entire span of human history. 50K with no SL debt puts you easily in the top quintile of are generation and probably above median of are country.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20942196)



Reply

Date: June 23rd, 2012 9:31 PM
Author: ....;;;...;.;;;....;;;;...;.;.;;

Don't be fucking stupid. If its 240k for tuition and COL, it will be 270-280k by the time you get out. And then it will be even higher by the time you start working, if you even get biglaw. Once you get biglaw you will burn out within 3 years, and leave with 150k loans and little savings.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20944732)



Reply

Date: June 22nd, 2012 9:54 PM
Author: .,,.....,.,.,.,:,,:,,.:,:::.,,.,:,.,.::.:.,:.::,.

holy shit listen to me very carefully: DO NOT DO THIS. this will be the worst mistake you will ever make in your life.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938601)



Reply

Date: June 23rd, 2012 9:33 PM
Author: ....;;;...;.;;;....;;;;...;.;.;;

I know right. 0Ls are so annoying. Your tuition is ridiculous if its 240k. You will be in at least 280k debt when you start paying it off. Again, dont be so fucking stupid.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20944740)



Reply

Date: June 23rd, 2012 3:09 PM
Author: ;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.; ( )

fukn idiot... we all told you in your other thread not to go to law school. this is SIMPLE MATHEMATICAL EQUATION you dumb stupid fuck

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20942155)



Reply

Date: June 23rd, 2012 9:46 PM
Author: MrJackson

He is a poli sci shithead, let him fail.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20944803)



Reply

Date: June 23rd, 2012 9:49 PM
Author: .,.,...,..,..,:,,:,...,:::,...,:,.,.:...:.,:.::,.

1. Call Fordham, obtain full ride, take it.

2. Transfer to NYU after 1 year. They will take you because their class this year is smaller to protect numbers.

3. You've just saved 1/3 of tuition.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20944824)



Reply

Date: June 23rd, 2012 10:03 PM
Author: Gregor

This is credited. If you do shitty at Fordham you should just quit and not worry, you would have done shitty at NYU anyway

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20944932)



Reply

Date: June 23rd, 2012 3:07 PM
Author: ;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.; ( )

lol euros didnt load up on debt until after we (USA) destroyed the world economy. thanks hank paulson, faggot

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20942143)



Reply

Date: June 22nd, 2012 10:18 PM
Author: Drunkard (He needed killin')

M&A is dead. The next apocaplsyse is coming.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938815)



Reply

Date: June 22nd, 2012 10:41 PM
Author: PDzorro

Yet finance is jamming right now. Everyone I know is getting getting crushed.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938986)



Reply

Date: June 22nd, 2012 10:43 PM
Author: .,.,..,,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,.

Yeah, because they just had huge layoffs.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20938998)



Reply

Date: June 22nd, 2012 10:44 PM
Author: PDzorro

Finance departments at law firms, not banks.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20939004)



Reply

Date: June 22nd, 2012 11:30 PM
Author: Nathan Drake

Banks are slashing compensation and jobs.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20939299)



Reply

Date: June 23rd, 2012 1:46 PM
Author: PDzorro

What does this have to do with my post?

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20941823)



Reply

Date: June 22nd, 2012 10:46 PM
Author: powerless in the face of virginity

nyc v10 corporate isn't crushed but there's plenty of work.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20939010)



Reply

Date: June 23rd, 2012 12:16 AM
Author: michael yidd-killchrist

I assume it's because credit markets are freezing up again wrt Europe? (non-biglaw non-M&A-mfe)

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20939558)



Reply

Date: June 23rd, 2012 1:21 AM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,

credit markets in euro are locked, so euro firms come here looking for credit. demand goes up.

same time over here, you have net outflow (more investors pulling out cash than putting in), so debt capital supply becomes limited.

result: debt-driven m&a goes down. investment grade should be fine, but there just isn't much room for anything junky atm, which knocks out most of the acquisition market.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20940032)



Reply

Date: June 23rd, 2012 1:46 PM
Author: PDzorro

There's plenty of leveraged deals going to the market right now. A lot of them are flexing, but they're still getting sold.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20941820)



Reply

Date: June 23rd, 2012 1:56 PM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,

i didn't say there weren't any. I just said credit has more demand than supply, and that's one driver pushing dealflow down compared to prior inflationary periods. On the other hand, other uncertainty (whether carry will be taxed as income, etc.) is also driving firms to look for exits.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20941854)



Reply

Date: June 23rd, 2012 2:01 PM
Author: PDzorro

You post really contradicts itself. PE funds trying to exit their portfolios would drive increased dealfow - either strategic or IPO's. And would also imply reduced "demand" (as you have used the term) for credit because strategic buyers and IPO investors are looking for lower leverage.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20941866)



Reply

Date: June 23rd, 2012 2:07 PM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,

re-read, genius. looking to exit is whats pushing some of it back up. not all firms are betting on carry going up. Those that do are looking to exit by selling to other firms (those that don't), deals for which financed in part via credit (hence demand further increased).

i spend 6-7/days a wk analyzing risk, not mechanically copy/replacing ipo docs, friend.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20941884)



Reply

Date: June 23rd, 2012 10:57 PM
Author: ..,.,;..;...;:..;.,...;..,..:.,....

i spend 6-7/days a wk analyzing risk, not mechanically copy/replacing ipo docs, friend.

do you mean you are an M&A lawyer or a finance guy?

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20945308)



Reply

Date: June 23rd, 2012 11:05 PM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,

gtfo doobs

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20945353)



Reply

Date: June 23rd, 2012 1:23 AM
Author: Emo Cyborg

aaaaaaaaargh! I just felt this needed to be said.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20940042)



Reply

Date: June 23rd, 2012 1:56 PM
Author: Japanese Train Expert

yes, I am feeling the slow down too. I have an offer for a middle market ibanking associate position. Would I pwned if I took that at this time?

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20941852)



Reply

Date: June 23rd, 2012 3:07 PM
Author: ,.,...,..,.,.,;:,.:,.,.,::,..,..,:,.,.:.:.,:.::,.

enjoy tudor pickering!

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20942144)



Reply

Date: June 25th, 2012 4:44 PM
Author: fIame (retired)

nice catch

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20955586)



Reply

Date: June 23rd, 2012 2:59 PM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,



(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20942110)



Reply

Date: June 23rd, 2012 10:58 PM
Author: ..,.,;..;...;:..;.,...;..,..:.,....

good. i hope i have no work the rest of the year then get 3 months more to find a job

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20945311)



Reply

Date: June 23rd, 2012 10:59 PM
Author: steve

Lit is doing fine judging by my calendar through to mid-August. I'm busier this year than last. The consulting side of my practice is going gangbusters too.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20945319)



Reply

Date: June 23rd, 2012 11:00 PM
Author: gooroo

we're busy as fuck. i think this is only a problem at shitty firms.

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20945323)



Reply

Date: June 25th, 2012 4:45 PM
Author: fIame (retired)

100 hours for June

(http://www.autoadmit.com/thread.php?thread_id=1977191&forum_id=2#20955589)