Alvarez & Marsal Can anyone share insights on A&M's restructuring practice in UK? Reputation, culture, market share, salary etc.
Alvarez & Marsal

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Very significant turnover due to lack of jobs resulting in lack of staffing.

Super top heavy with lots of MDs and SDs all demanding research and POVs on opportunities that don't go anywhere.

Base Salary same as / worse than big 4 / others...the promise is bonus however without the staffing there is no bonus.

Very limited training compared to big 4. Much better place to join later on in career than at start.

Morale very low. Reputation still great however, people generally very nice. It's just not a restructuring market ATM. Go for performance improvement instead if you can (CTS or Pepi).

Appreciate the insight, so is it better to do restructuring at say PwC up until Manager then leave to A&M? What salary do you reckon that would attract

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Thank you for sharing. I would appreciate a response on a few more questions:

1. Do you like the restructuring work? (given a normal project flow). Is it a place where you could stay for the long-term?

2. Based on the high turnover recently, what are the most common exits?

3. Any thoughts on the market going forward? Seems like A&M has been hiring aggressively

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