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Based on the most helpful WSO content, Lazard's RX group in Chicago is highly regarded. The global head of RX sits in Chicago, which is why the office has an RX-specific program. This gives it a strong presence and focus on restructuring compared to NYC, which operates under a generalist program.

In terms of deal flow, Chicago's RX team benefits from its leadership and specialization, making it a key player in the RX space. NYC, on the other hand, has a broader focus, with analysts working across M&A and RX assignments.

For exit opportunities, both offices are strong, but Chicago's RX-specific focus might give analysts an edge for RX-related exits. NYC, with its generalist approach, might offer a wider variety of exit options, including M&A-focused roles.

If you're looking for a more specialized RX experience, Chicago would be the better choice. For broader exposure, NYC might be more suitable.

Sources: Lazard vs Moelis Chicago Offices, PWP LA, Lazard LA, and Houlihan LA (RX), EBs NY vs SF offices, Why You Should Consider Restructuring – Common Misconceptions/Insight on RX Groups, Top Industrials Shops in Chicago - Top IB Chicago

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