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Only worked at AP, The RX practice here takes itself too seriously. Comp is good if you compare to big 4. Probably lower than AM in terms of total take home if you are fully utilized. Promo path really slow and comp evaluation is a mystery whereas at AM, you know how much u are making. Culture wise is meh (joined post covid). There are a lot of old school MDs that handles themselves and treat their team as if they are bankers. Zero WLB when working on an active Rx deal. But people respect ur time away or if you have non work stuff that pop up.
F
Alix, any chance you can be more specific?
I’m at ~185k total comp with ~6YOE (not all RX at FTI).
WLB has been very good lately (slowish bankruptcy market), and I’m consistently around 40 hours a week, but have been staffed on other segments’ projects. When an RX deal is live it can destroy WLB, 60-80hrs/week.
Promo expected every 2-3 years. Culture varies wildly depending on which SMD you’re working for — I’ve worked with some out of NYC that were workaholics, and some out of other regions that were much more relaxed. Creditor side projects generally have a sprint up front, then ebbs and flows throughout the case thereafter.
You are a director ? 6 years experiences making 185knis low