When to Stop Networking & Restructuring Group Insights

Hi everyone, I’d appreciate your advice on two questions (at target school):

  1. At what point should you consider scaling back on networking efforts—after securing a first-round interview or only after receiving an offer?

  2. When it comes to networking for top restructuring groups (e.g., PJT, EVR, HL, LAZ, MOE), how crucial is it compared to other non-RX groups?

2 Comments
 
  1. Scaling back on networking efforts: Based on the most helpful WSO content, you should not completely stop networking until you have an offer in hand. Networking remains crucial even after securing a first-round interview because it can help you stand out during the process, gain insights into the group, and potentially secure internal advocates. However, you can scale back the intensity of your efforts once you feel confident in your preparation and have built strong connections within the group you're targeting.

  2. Networking for top restructuring groups: Networking is particularly crucial for top restructuring groups like PJT, EVR, HL, LAZ, and MOE. These groups are highly competitive, often taking only 5-6 summer analysts per office, as highlighted in WSO threads. Additionally, restructuring groups tend to prioritize candidates who demonstrate a genuine passion for RX, which can be effectively conveyed through networking. Building relationships with professionals in these groups can also help you better understand the technical and cultural nuances of RX, which are often different from other non-RX groups.

    Sources: Top Restructuring Groups 2019 & Restructuring Questions, Restructuring prospects, why you should not consider restructuring, Top Restructuring Groups 2019 & Restructuring Questions, Top Restructuring Groups 2016, Restructuring prospects, why you should not consider restructuring

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