Obviously, M&A bonuses will suffer in 2008 and moving into 2009. There's not enough M&A activity to support 2007 levels. But is the same thing true if working in restructuring? Don't bonuses depend on revenue levels attributable to MDs? MDs working in restructuring have seen and will continue to see a lot of business in the next couple of years. Will bonuses for analysts then also be high? And if so, how high?
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who gives a shit.
obviously not someone who didn't get a job this year/got fired/has no business being here - you. Go back do drinking your OJ.
i really think this depends on the firm. I know in 2002-03 at Rothschild (w a strong restructuring practice) when bonuses were down across the board, they were also low in restructuring.
I think it really depends on where you are and how much of the business is typically "restructuring" and the compensation practices of a given firm. Does M&A inflate Restructuring bonuses when M&A is booming and restructuring is slow and vice versa? I believe this is very firm specific.
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