How is the work life balance in M&A tax at B4?

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My wife is at D in M&A.....it’s insanely project driven/ hot and cold. She goes from sitting around with noting to do to three deals closing at once on Friday at 7:30pm. There is no such thing as ‘not available’ she’s had members of her group review PP slides during the middle of weddings cause the expectation is immediate turnarounds

On a more work related note, the stuff they do (tax side) is a joke. It’s like 75% PP slides and drawing arrows from entity to entity 20% of actual structure analysis 5% for whatever else.

Obviously I can’t speak to everyone’s experience, but she largely hates it and from what I see, I don’t blame her. Very mundane work that has no boundaries

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Mundane my not be the best way to describe it as everything is unique and you get some cool insights into the corporate underbelly, but it’s all horrifically boring. The second anything marginally technical (the entertaining parts) gets brought up, it gets forwarded on to a specialist team.

I may be a little jaded in that both of us come from a technical partnership background, so doing these kinds of things were the day to day/expected

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Pretty bad. You are not running all day (most of the time), but are expected to be available basically from 9am until midnight. You usually have to work on firm holidays and oftentimes weekends because clients are very demanding and never stop working. Pay is significantly higher than all other tax teams, so that somewhat makes up for it.

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Someone from my group switched to M&A tax and is always online. So I would say not that great

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Not fantastic, not super predictable like compliance either . You can also expect diligence calls on holidays as well. Probably better WLB than law firms though

Right — I think you can get the best of both worlds dabbling in it without going all in. Someone in the actual group can correct me if I’m wrong. Personally, I love being in the position of helping on the engagements (as they are interesting but move quickly) without having the unpredictable schedules they have. After some exposure, you would be able to pick whether it’s for you or not. I know they’re hurting for people right now

Better than when I was in compliance. Usually work 8-9 Monday-Thursday, 8-6 on Friday, almost no weekend work. Have not experienced any of the above problems with working while OOO, and haven’t heard of any of that in my EY group. However, pwc was much more toxic when it came to that, and I was working longer hours with that group so YMMV

Sounds like it also highly depends on teams! How is the exit ops in your team?

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