Does anyone know of good, non toxic project teams? Also, what does the wfh policy depend from team to team in a firm or is it the same for most teams? Do you know of any firms that provide wfh??
Here is the perfect summary. If anyone challenges it, that person is one of the projects lawyer who has taken the below personally.
Project works depends on what you want to specalise in. Can be split into three sub-practice areas. Project development primarily involves research and is challenging but revenue wise is poor. Of course, it has interesting work like drafting concession agreements, PPAs, bid documents and submissions, and EPC and O&M contracts. Your clients would be domestic clients who will negotiate hard on fees and ask for a discount even after that. So if you are a senior person, raking in money is a challenge. You will have the management dancing on your head for recovery. Unless you are working with LV and Santosh in CAM. They are the market leaders. Trilegal is good but after Akshay taking a back seat, their practice has lost its charm. Hemant Sahai and Mohit Saraf are good too but it's a tier II firm struggling to pay out salaries.
Project financing is a volume game; low learning and repetitive or brain numbing work. Again, Santosh and LV are market leaders.
Projects M&A is like any other M&A. Any other M&A team can do that work (if not better). So there is no niche in what you will do. For this reason, you will see a hardcore M&A partner on big mandates in this sector - Raghubir, Ashwath, Gautam Saha and the like. Just any of the deal reports and you will get what I mean.
Completely agree with the above, except for project financing. Project financings are some of the most complex financings involving a granular understanding of risk allocation principles and the project itself. However, PF by PSU banks (which is the bulk of financings) have bad pricing due to L1 bidding. However, multilateral agencies, foreign banks and other structured debt lenders (which have a selective panel) would give a good pricing and there is tremendous satisfaction in discussing the technical and regulatory issues around each type of project (which has its own nuances).
Project works depends on what you want to specalise in. Can be split into three sub-practice areas. Project development primarily involves research and is challenging but revenue wise is poor. Of course, it has interesting work like drafting concession agreements, PPAs, bid documents and submissions, and EPC and O&M contracts. Your clients would be domestic clients who will negotiate hard on fees and ask for a discount even after that. So if you are a senior person, raking in money is a challenge. You will have the management dancing on your head for recovery. Unless you are working with LV and Santosh in CAM. They are the market leaders. Trilegal is good but after Akshay taking a back seat, their practice has lost its charm. Hemant Sahai and Mohit Saraf are good too but it's a tier II firm struggling to pay out salaries.
Project financing is a volume game; low learning and repetitive or brain numbing work. Again, Santosh and LV are market leaders.
Projects M&A is like any other M&A. Any other M&A team can do that work (if not better). So there is no niche in what you will do. For this reason, you will see a hardcore M&A partner on big mandates in this sector - Raghubir, Ashwath, Gautam Saha and the like. Just any of the deal reports and you will get what I mean.
Though heard nowadays is billing is not up-to mark. I am an A2 can consider?
But again S&P is terrible. Laid back and dont want to pay out on time.