Restructuring Timeline
I know that RX typically starts recruiting/interviewing before M&A, but historically timeline wise how does that work? Do applications open at the same time, but RX interviews first? Or does RX open apps earlier and therefore interview earlier. Would also be curious what timeline has been like previous years.
Apps open earlier and interview earlier. Many informal processes like HL RX and Ducera where they interview very early at certain schools before an online app is even open
Ah, the classic race between RX and M&A! Based on the most helpful WSO content, here's how the timeline typically plays out:
Applications Opening: RX recruiting often opens its applications earlier than M&A. This is because restructuring teams are usually smaller and can fill up quickly, so they start the process sooner to snag the top candidates.
Interviewing: Since RX applications open earlier, interviews for these positions also tend to start before M&A interviews. It's like getting a head start in a marathon – RX gets to set the pace.
Historical Timeline: In previous years, RX recruiting has been known to kick off in the spring or early summer for the following year's positions. However, this can vary by firm and by year, so it's always best to keep an ear to the ground (or an eye on WSO forums) for the most current info.
Remember, the early monkey gets the banana, so if you're aiming for RX, be prepared to move quickly when applications open!
Sources: Restructuring Recruiting Timeline 2020, Recruitment Set Back To "Normal"
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