Perella Weinberg

I am interested in Perella Weinberg and I have noticed that in many deals they are keen on advising target companies' board of directors (Continental directors on Schaeffler's bid, UST directors on Altria's bid...).

I would like to know how you view getting an advisory mandate from a board of directors rather from an executive commitee. Is it kind of a consolation prize or not? Are fees for such mandates comparable to fees for advising executives commitees? And is the job for junior bankers similar in both cases? Any input welcome!