11 Comments
 

Hearing around 50–60% for Generalist M&A in NYC this year, which is noticeably lower than historical averages (typically 80%+).

Specialized groups like Restructuring (RX) and PCA seem to have held up slightly better. Overall headcount is tighter across advisory this cycle, so expect more action than usual during full-time re-recruiting.

 

Can confirm return offer rates plummeted this year. Probably around 2/3 of the class received return offers, and a bunch of strong interns got cut 

 

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