Can we start a class action about this? Is it actually legal for them to block recruiting opportunities based on your current employer? Seems like pretty obvious collusion from the west coast firms to stifle laterals
| +180 | Future of PE | 38 | 23h |
| +33 | Best industry/job for entrepreneurship? | 11 | 1d |
| +30 | What are you actually using AI for in PE? | 13 | 10h |
| +19 | Burn Out in PE - What Comes Next? | 3 | 2d |
| +15 | Buyside in London with nice WLB and pay | 15 | 3h |
| +12 | Value Creation Initiatives (That aren't add-ons) | 3 | 1d |
| +10 | Firm not transferring me to NYC | 6 | 1h |
| +10 | Undergrad summer PE analyst positions | 3 | 3d |
| +9 | Laid off from MM PE - Seeking Help | 1 | 47m |
| +9 | 2028 Oncycle PE | 11 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
That seems pretty basic no? Of course they can't actively poach people from their current clients. If they did that would completely defeat the point of the recruiter/investment firm relationship.
I mean given the amount of market share they have on the west coast it basically means my employer is paying a firm for the privilege to not let most of the relevant market hire me
Pretty much. Welcome to the war for talent. Blame your firm, not CP for doing their job.
Above is correct. Firms force recruiters to sign contracts that they won't poach talent that they've placed for some period or time and/or can clawback placement fees/commissions paid to them (for placing talent), so CP would be cannibalizing their own income.
Doloremque fugiat aliquam mollitia fuga blanditiis nisi dolores. Et facere commodi et est molestiae. Delectus ut facere reiciendis. Quisquam quasi expedita rerum voluptas ut illo.
Quia labore quia pariatur ipsam. Repudiandae inventore corporis omnis et tempore dolor. Labore commodi totam unde molestias deserunt aperiam.
Unde libero voluptates aut molestiae. Non numquam beatae itaque veritatis saepe. Error sed sit laudantium veritatis sit quo tempore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...