PWP NYC in 2024??

Healthcare is a very strong group. The group's deal flow is mainly focused in medical devices and medtech, life science tools & diagnostics, and pharma services, and offers a very diverse deal experience ranging from large-cap strategic advisory with key retainer clients across the space (one of the partners is largely recognized as the subject matter expert in medical devices) to cap raises and everything in between. PWP doesn't really play in biotech unlike other strong EB healthcare groups and any biotech or pharma deals done are generally growth equity or M&A deals for earlier stage biotech companies. Culture in HC is relatively sweaty but the group has pretty strong camaraderie and do a lot of outings together. Exits are very strong - generally a lot of UMM with some MF exits every year, and I know that PWP HC and RX probably get the most MF outreaches and interview opportunities out of any group at the firm. 

PWP RX is also a very strong group but is also sweaty. The group's deal flow leads towards creditor-side but they also get their fair share of debtor mandates and they also do a lot of capital markets work in conjunction with the PWP capital markets team. It's incredibly busy and every analyst is arguably overstaffed because of how much deal flow there is right now, but you get a really good learning experience from there. Exits are among the strongest at the firm along with HC, with solid MF placements historically and a lot of UMM and credit placements as well. 

C&R is a smaller and more tight-knit group. Deal flow wise they are very strong across beauty, food & beverage, alcohol & tobacco, and also have a lot of key retail + travel & leisure clients (PWP doesn't have a dedicated REGAL group). Good variety of work ranging form large-cap retainer work to capital raises for newer companies. Culture is very good and people in the group are nice, but juniors also get worked because C&R has a pretty small analyst class for their level of deal flow. Exits traditionally have been good - solid MM and UMM placement, with also some CorpDev in the past.

Industrials is a mixed bag. PWP Industrials NY is heavily verticalized where after a staffing or two juniors will often get "pigeonholed" within their vertical, so junior experience and culture varies significantly. Historically the group has had some serious turnover at the junior levels due to a sweaty experience caused by some seniors, but there are some verticals that have good culture (most notably A&D). Deal flow also varies across the verticals but overall is pretty good. Traditionally exits have included MM + UMM and a handful of MF, although MF is definitely more uncommon from Industrials than RX + HC. I should note that PWP also has an Industrials group in Chicago and a large one in LA, and LA is arguably the strongest office to be at within the Industrials offices in the US in regards to balancing culture with junior experience and deal flow.

Technology + FinTech is the "lifestyle" group in NY. The group has very good culture and probably the best wlb among the NY groups, but is the weakest in terms of overall deal flow. PWP Technology + FinTech is split between NY and SF, and almost exclusively focuses on enterprise software + fintech. They are solid in enterprise software (a lot of retainer work for some key large-cap accounts as well as unique strategic advisory for them, they actually do a lot of tech advisory for the US government as well, some MM M&A, and a good amount of growth capital), but are a good margin below the main Tech banking players. PWP has a solid FinTech team - they own the Paypal relationship and are pretty active across the growth capital advisory scene. Exits are still solid - SF Tech has tended to have the larger UMM and occasional MF exits here and there, but NY has still exited well across MM buyout and growth + some UMM here and there. Also lots of corporate strategy exits from Tech historically.

FIG is a pretty small group. PWP FIG's traditionally been strong in insurance-related verticals (insurance, reinsurance, InsurTech) and were very strong in market infrastructure back when that industry was going through its consolidation phase, but with that being said, I still wouldn't consider PWP FIG a top FIG group by any means and it's a bit like PWP Tech where they're notable players in the niches they carved out for themselves but don't have a presence elsewhere. Culture has historically been pretty good, and wlb has historically been pretty good as well. FIG's still had solid MM and some UMM exits in the past with the occasional MF person here and there, but due to the FIG coverage FIG definitely has weaker/more pigeonholed exits compared to the other groups. 

PWP NY also has some energy bankers attached to TPH, but you won't be recruiting into that group.

Overall, in terms of deal flow + exits, PWP NY probably stacks up with RX = HC > C&R >= Industrials > Tech + FinTech >= FIG. In terms of culture and wlb, it probably goes FinTech >= FIG > C&R > Industrials > RX = HC.