RX bonuses

Based on the most helpful WSO content, here are some insights into RX bonuses and tiers:

RX Bonus Insights:

• Tier 1 (PJT, EVR, HL): These firms are consistently ranked at the top for restructuring (RX) due to their strong deal flow, prestige, and compensation. Bonuses at these firms are typically higher compared to others, reflecting their market dominance and performance.
• Tier 2 (Guggenheim, PWP, Moelis, Centerview): These firms are strong players in RX but may not match the top-tier firms in terms of compensation or prestige. However, they still offer competitive bonuses.
• Tier 3 (Lazard, Greenhill, Ducera): Bonuses here might be slightly lower than Tier 1 and Tier 2, but these firms still provide solid RX experience.
• Tier 4 (Miller Buckfire, Rothschild, Jefferies, others): Bonuses and compensation at these firms are generally lower, but they still offer valuable restructuring experience.

Bonus Data Points:

• Lazard: Recently increased bonuses by $20k, with figures now at $65k/$75k/$85k/$95k for bottom to top buckets, alongside an $85k base and $10k signing bonus.
• Elite Boutiques (General): Bonuses for firms like CVP, EVR, and PJT are reported around $120k for analysts, reflecting their strong performance and competitive positioning.

Unfortunately, specific RX bonus data for all tiers, locations, and buckets isn't fully detailed in the WSO dataset. However, Tier 1 firms like PJT, EVR, and HL are expected to lead the pack in terms of compensation, especially in a hot market.

Sources: EB Ranking/Comparison, EB Ranking/Comparison, RX Rankings 2022 - Can we please get restructuring rankings for the benefit of students and incoming interns looking to lateral, Request for Restructuring League Tables 2018, mid tier bb's and eb comparison