Normal for lateral process to go +2 months?

This may be a dumb question. I just haven't lateraled before so only really know what campus recruiting was like. ASO at a non-NYC BB, talking with a NYC EB through a headhunter. Had a first round early August, went well, got an email 2 weeks later that they want to do a second round and that their group COO who was on vacation is going to schedule it. Then radio silence, with occasional messages from the headhunter that he's talking with the COO and group head to schedule it

The thing is, it's been 2 months now and no news usually isn't good news, but they haven't straight up said no. I have been in a number of processes this summer that didn't work out and they got back to me fairly quickly that they went in another direction. I don't think it takes 2 months to schedule a 2nd round, and I also kind of figured if they weren't interested then they never would have mentioned the 2nd round at all and would have just called it quits then.

Is this normal? I've kind of mentally detached from this one given the time that's elapsed, if it happens it happens, but is this just how these things work?

4 Comments
 

Yes, having been on the other side now the fact is that 1. Recruiting takes time and massive time constraint on mid-levels who run the process (especially if HR doesn't know what good candidates look like and we gotta select ourselves) 2. seniors are indecisive as hell and will want like a round for this a round for that a round with this person an in person round etc etc 3. Dumbasses using AI interview helpers strain everything and waste everyones time, especially late stage when u bring people in and realize they actually don't know shit, dragging processes along further.

 

Id repudiandae officiis consequatur quia. Quia perferendis dolores et qui eaque.

Neque quas unde praesentium impedit repudiandae id aut. Dolor quisquam voluptas sint pariatur nobis. Praesentium quidem vero pariatur est.

Sint dolor provident et nisi architecto assumenda. Adipisci ipsum ut nam libero est cupiditate alias.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
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...”