How do bonuses work for Turnaround and Restructuring at A&M and what are the bill rates for senior associates? Assuming your total pay is a % of collections?

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Just like at PEPI or HIG or any service line ;

bill rate (~$750 ph for SA) x hours x capture rate (0.2 to 0.3) = total compensation

Capture rate is based on your performance score, and for SA ranges from 0.2 lowest to 0.3 highest

So assuming bill rate = $750 , hours = 2000 , cr = 0.25 your total compensation is $375,000

Whatever you weren’t paid through your base salary out of that $375k (let’s say $150k) is your November bonus ($225k)

Numbers are not accurate but that formula could give a good example

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Thank you! Really helpful.

$750 for senior associate 🤯?

2000 hours assumed you were staffed 50 weeks for 5 days for 8 hours each day? Is that the maximum. What is the typical utilization one has.

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