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testcase

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  1. Keep in mind that recruiters from the big firms talk to each other, so applying to both BJ's Calgary and Toronto might not be the only way to tip them off; applying to both BJ's Calgary and Blakes Toronto might also.
  2. Hard to say but I agree with the general sentiment being conveyed here that these rankings are useful but not definitive.
  3. The point that deal size does not necessarily equate to complexity is a good one, but it should be kept in mind that this would really only be applicable if you were comparing one deal to another deal in a vacuum (and keeping in mind that rankings are by practice area, so an M&A deal shouldn't necessarily be pitted against a corporate finance deal). As a general matter, a firm ranking in band 4 in Corporate Finance isn't going to get a $2 billion capital markets mandate (or many capital markets mandates at all) in the first place. So if you were to consider where to practice in terms of long-term career development, you would see a greater volume of deals (and by extension, a greater volume of complex deals), a wider range of clients and more people to learn from at a firm that ranks band 1 in corporate finance instead of band 4 in corporate finance.
  4. On a less serious note, and in direct response to your question, concrete takes 7 days to harden to 75% of its design strength (as a rule of thumb).
  5. I am aware of *edit: at least* one securities lawyer who got his/her CFA while working as a lawyer.
  6. That's news to me, but my experience may be limited. I do know folks who've been bumped down a year and folks who've been asked whether they prefer to keep their year or be bumped down.
  7. You typically get bumped down a year if you make the move from Bay to NY.
  8. Didn't Bennett Jones fall into this category before the bump? Not sure if they still do though.
  9. Also for reference: I am a second year corporate and securities associate, working in downtown Toronto at a national firm.
  10. This. Especially when you're on a closing/working on a bought deal. The expectation is that you'd be responsive.
  11. I'd say about 50% of the time my weekdays (excluding Fridays) work out like this: 7:00/8:00: Get in early for some quiet drafting time. 9:30: Email, phone starts to blow up. Answer emails, phone calls; try to sneak some drafting time in if possible. [Edit: turn comments on documents as they come in if urgent.] 11:30: Go downstairs to buy lunch; eat and browse lawstudents.ca, theverge, vox etc. 12:00/12:30: Continue fielding emails/phone calls. 5:30: Email and phone traffic starts to die down, start of quiet drafting time again. 6:30: Dinner; eat and browse. 7:00/7:30: Quiet drafting time. 10:00/12:00: Go home. Some days are better; some days are worse. This is probably representative. I generally take Friday nights off as clients/partners tend to respect that. Try not to work on Saturdays but will generally put in a few hours on Sundays; especially Sunday nights when emails from partners start flowing again.
  12. This. Although one may reasonably conclude that the extra compensation (in and of itself) isn't worth the extra 300 hours billed. You'd probably have to have some other motivation for working that much beyond target besides the extra compensation.
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