If a recruiter has given me enough information to find out what role they're filling for, is there any point in continuing to engage with them? Would it make more sense to just apply directly? I figure that would also save the company the recruiter fees and maybe lead to higher comp

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Not necessarily OP. I honestly would just go around them and apply for the job. Recruiters are really bad about ghosting right now and they end up wasting your time. I have also heard of people getting lower offers with recruiters because the recruiter has to get paid too so keep that in mind.

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