William Blair - WFH Experience

For any current analysts or those with knowledge of the situation, what's the WFH situation been for WB? Have they made good-faith efforts to maintain the strong culture they usually pride themselves on, or is the experience falling in line with the rest of the industry?

Comments (60)

 
  • Analyst 1 in IB - Ind
Feb 22, 2021 - 3:34pm

Piper WFH has been really manageable/understanding in my experience so far. Have a had a couple of bad weeks with a lot of random requests that stacked up for a poor time but that's normal for IB. Overall have had a really great experience. I have heard bad experiences in the past from WSO but it definitely seems like they are making strides in the right direction.

 
  • Incoming Analyst in IB - Ind
Feb 22, 2021 - 8:37pm

Which office? Incoming this summer for FT and have heard mixed things depending on group / location. NY HC groups sounding super busy.

 
  • Analyst 1 in IB - Ind
Feb 22, 2021 - 7:56pm

Has the firm given any guidance re: when everyone would be back in the office?

Incoming Blair analyst, nervous about this whole deal. Thanks man.

 
  • Analyst 1 in IB-M&A
Feb 22, 2021 - 11:51pm

Seems mid summer is the expectation with people being allowed to go in earlier, but most still aren't. I wouldn't be worried about the whole thing-the class behind you started remotely and they seem to be doing just fine/ will empathize and offer tips. Also, can I ask why you are worried about starting remotely?

 
  • Analyst 1 in IB - Ind
Feb 23, 2021 - 10:07am

I've heard some people at Blair are in the office? Is this true?

 
  • Analyst 1 in IB - Restr
Feb 23, 2021 - 2:18am

Any idea what is making people jump ship and to where (ie. other MMs, BB, EB)? Heard Baird's culture is great from an old roommate and wonder if it's holding up in the WFH environment?

 
  • Analyst 1 in IB - Ind
Feb 23, 2021 - 9:53am

Most guys are pulling 90+ a week and bonuses were in line with 2019 numbers despite revenue being up with less headcount. You can't expect people to stay when the hours are pretty much the same as certain BB and EB groups with meaningful comp difference with worse exit opportunities.

 

Depends on the group like I said but some groups experience right now doesn't resemble the rave reviews you read about Baird and Blair from years past.

 
Most Helpful
  • Analyst 1 in IB-M&A
Feb 22, 2021 - 11:57pm

Depends your group, but Blair as a firm as been killing it and the m&a markets are pretty hot. In other words, great experience, but you certainly will be working all the time. It's been discussed on this forum other places, but I'd argue there's a lot more self determination than people really articulate on this forum. In other words, if you push back, sandbag, and communicate with your team you can prevent having like multiple back to back 3ams and working every weekend. But it's reasonable to expect/ assume you will work 9am-11pm during the week and likely 6 hours over the weekend on average with it ebbing and flowing based on where your deals are in a process. Training should be easy for many of you starting out though.

 
  • Intern in IB-M&A
Feb 23, 2021 - 10:23am

Incoming Blair analyst and spoke to a few team members, all have said its the busiest the firm has ever been (breaking all their own records) but they were all really happy with bonuses and it sounds like people are trying to make the experience work well for juniors. 

 
  • Analyst 2 in IB - Ind
Feb 23, 2021 - 10:35am

Second year Blair analyst. Open to answering questions not addressed above.

 
  • Analyst 1 in IB - Ind
Feb 23, 2021 - 10:38am

What's the attrition rate been like? What steps are seniors taking to improve the junior experience?

 
  • Analyst 2 in IB - Ind
Feb 23, 2021 - 11:01am

It's been high. We've seen a good number of people leave across the analyst, associate and VP levels. Umm, idk they're truthfully not doing anything in particular to get people to stay. We get some nice emails and we've gotten $2,020 and some $2,500 gift cards, I guess. 

 
  • Intern in IB-M&A
Feb 23, 2021 - 10:42am

Is it true people were happy with bonuses? I know my group had a record breaking year deal wise, so wondering if bonuses reflected that given that I know people have been working their ass off

 
  • Analyst 2 in IB - Ind
Feb 23, 2021 - 11:05am

I mean I was pleased with getting $87,500, but it was a little bit of a letdown because they had spent months telling us how strong performance last year was and how bonuses would be strong and then everyone got torched for a $2,500 more than they got last year. 2019: 75/85/100; 2020: 65/87.5/102.5 (aka if you got bottom after this year you got fckd)

 
  • Analyst 2 in IB - Ind
Feb 23, 2021 - 4:06pm

the internship would start in like 3 months and they've made no mention of full time people going into the office so probably virtual

 
  • Analyst 2 in IB - Ind
Feb 23, 2021 - 11:22am

Have a friend who was an associate at Baird. He quit a few weeks back because of the workload. He said he was pulling 100+ hours for 3-4 months before quitting

 
  • Analyst 2 in IB - Ind
Feb 23, 2021 - 2:25pm

Yes, the compensation was good and above market, which is why I don't think anyone was really disappointed with the actual amount. It just wasn't congruent with the firm's performance and their messaging after a very tough but productive year.

 
  • Associate 2 in IB - Ind
Feb 24, 2021 - 12:11am
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