Averaging a legitimate 90-100 hrs a week since starting (almost all live stuff). Worked pretty much every holiday (New Years, Christmas etc). Not sure if others are in a similar boat or if this is unique, have friends at BBs putting in 50-70hrs some less. Should I be considering a lateral move? have had no time for PE recruiting. Any advice appreciated.
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Yea no shit. BBs aren’t doing shit dealwise compared to last quarter.
Considering you have a lot of live deal experience, (I only have been staffed on one deal in my banks M&A group since starting) I would definitely lateral up.
If you can be at a BB AND have a better lifestyle then do it. Absolutely no reason to stay, life is a race and you gotta make the right turns
At a sweatshop group in an EB and experiencing the same. It is better elsewhere from what I hear from peers.
Yeah right now is extremely slow across the board. Apparently a few exceptions though
In a snail's market, why are you complaining about deal flow? Obviously getting ran over on Christmas isn't ideal but working 50 hours knowing bad bonus and reps are here isn't better.
If your group is busy that's probably good. Sucks to work holidays, but that's better than being laid off or getting an awful bonus. Obviously if your bonus sucks then you can reconsider
Also I don't know where you are going to lateral to? No one is hiring, especially for a first year - they're not losing many first or even second years to attrition right now
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