Curious on different groups / firms' win percentage on bakeoffs and how that compares to the relative amount of work you do on pitches. I'll get started:
% of Bakeoffs Won: 10% (vast majority of mandates are no-pitch or pitched without competitors). Coincidentally, we have ~10 true competitors. Pitch Work as % of Total Workload: ~50% Group: Restructuring Similar Firms: Greenhill / Moelis / PWP
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