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What level? I personally have no interest in working at a PE backed firm. Why chase half a carrot? Also, do you think PE funds care about your WLB?
Chasing half a carrot = why pursue an ownership at a firm that already sold off a portion of its equity to non-revenue generating owners (the PE Fund)? The sale is only good for the partners who get a payout from it which won’t be you.
PE is about cutting costs and maximizing return. The only real costs at a professional service firm are the employee’s pay. And the way to maximize the return is to crank up utilization while cutting that pay. That and they will probably also have the firm take on debt that they will now have to service.