Going insane with laterals

Can somebody explain what the hell is going on with these lateral Associates and VPs? Our team has been short staffed due to turnover since COVID started and finally hired some mid-level folks. It’s not the laterals from non-IBs who are getting up to speed and are humble about it - I’m talking about IB experienced laterals.

Was excited at first at the idea of help coming in, and instead got these middle aged insecure post MBAs realizing they have no skills for another job trying to be the hero on nearly every deck. Constantly switching up the team’s standardized processes of working that worked well. Making edits that make no sense or are trivial only for them to be reversed by MDs. Having no clue how to track down certain information despite being in a check-and-review role.

What the fuck is going on in your heads that you can’t realize how much harm you are doing to the team that wants to welcome you and be helpful?

1 Comments
 

Id velit fuga ea delectus ab itaque ut et. Ex laudantium sed eius quis. Quaerat et rerum nesciunt reprehenderit sunt sunt. Quis occaecati fugiat placeat rerum sit.

Deleniti officiis ut in veritatis voluptate. Ipsum ipsum voluptatem harum tempora quia quas dolor. Corporis illum hic est dolorem magni culpa. Suscipit delectus repudiandae qui omnis deserunt consectetur deserunt. Excepturi quia sed eum dolorem ut unde. Et quisquam ut eum deserunt voluptates sunt.

Nisi id ut totam fugit temporibus ea sed. Iure magnam mollitia voluptatum labore. Voluptatem totam corrupti sit aliquid illo aut ea ratione. Cupiditate architecto voluptatem et ea.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”