Seeking Info on PE-focused, T2 consulting firms
I am an early-career consultant at a T2 shop (not EY-Parthenon or L.E.K). I love the work I'm doing, but am less interested in traveling every week long term (which is what I currently do), and I like the idea of working on things like PE due diligence, F500 organic and inorganic growth strategy, business portfolio optimization, operational turnarounds within PE portfolio companies, etc.
So, EY-Parthenon and L.E.K. have both emerged as firms of interest to transition in the future. I was wondering if any monkeys from either of these two firms could comment on their experience at either of these firms. Specifically interested in the questions below.
- Is the work that I described above representative of a typical project at your firm?
- Do you travel? If so, how often?
- These firms have been criticized for having a bit of a sweatshop reputation. Do you typically work weekends? How often are you working past midnight?
- Do you typically work on multiple deals/engagements at once?
- From what you can tell, is the nature of your project work significantly different from a more traditional strategy & operations shop (say an AT Kearney, Deloitte S&O or Accenture Strategy) ??
- How would your firm view a consultant from one of the shops mentioned in previous question as a potential candidate? Would you entertain a direct lateral or would an MBA be required?
Looking forward to hearing any insights anyone is able to provide. Thank you!!