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A queer fish with an odd relationship with the [[Legal Eagles|legal department]], from whose bosom the very idea of a “structurer” originated. [[Structurers]], and ''legal'' structurers, are some kind of odd hybrid between [[Sales]] and [[Trading]], hired onto the desk in the dog days of 2005 (when anyone actually ''did'' “[[structuring]]”) to salt away the fiddly details of a complex derivative trade that [[Trading]] can’t model and [[Sales]] has no hope of understanding, let alone giving the merest toss about. Structurers are essentially [[Mediocre lawyer|lawyers]] that have got a bit giddy about working in an [[investment bank]]. | {{g}}A queer fish with an odd relationship with the [[Legal Eagles|legal department]], from whose bosom the very idea of a “structurer” originated. [[Structurers]], and ''legal'' structurers, are some kind of odd hybrid between [[Sales]] and [[Trading]], hired onto the desk in the dog days of 2005 (when anyone actually ''did'' “[[structuring]]”) to salt away the fiddly details of a complex derivative trade that [[Trading]] can’t model and [[Sales]] has no hope of understanding, let alone giving the merest toss about. Structurers are essentially [[Mediocre lawyer|lawyers]] that have got a bit giddy about working in an [[investment bank]]. | ||
Whether she is a legal übermensch who has overcome her basic nature to become something greater, or just a runt who, having proven unable to hack the rigours of unadulterated legal practice, has succumbed to her own mortal weakness, is a matter of conjecture. Opinions are divided: [[structurers]] will tell you it’s the former; unreconstructed [[Inhouse counsel|in-house lawyers]] will swear it’s the latter — each talks her own book, in other words — though the irony is that [[private practice lawyer]]s will say exactly the same thing about those who have gone in-house. | Whether she is a legal übermensch who has overcome her basic nature to become something greater, or just a runt who, having proven unable to hack the rigours of unadulterated legal practice, has succumbed to her own mortal weakness, is a matter of conjecture. Opinions are divided: [[structurers]] will tell you it’s the former; unreconstructed [[Inhouse counsel|in-house lawyers]] will swear it’s the latter — each talks her own book, in other words — though the irony is that [[private practice lawyer]]s will say exactly the same thing about those who have gone in-house. |