Is A&M still hiring? Do they do a bunch of layoffs during stressful times like 2020? How are folks feeling about 2023?

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Very busy in HIG

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The firm has never done layoffs, thankfully

uplifting

Also keep in mind A&M is known for restructuring, which tends to naturally hedge the firm when there are economic downturns.

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Makes sense

C'mon people. Likes but no replies?!

I can only guess but PEPI probably has more business in times like these.

For PEPI, realistically how many hours would a Director bill in a year, and realistically where would the total comp land, assuming a median performer?

Also, whats the delta between billed hours and collections? What if you end up at shitty clients and collections are minuscule compared to the hours billed? Is it just luck of the draw which client you get put on?

PEPI Director here. I was >80% utilized last year. At 75%, 3/5 performance rating, and no discounts, you should be at ~$450k. I plan on never collecting October hours before year end (10/31), but those collections roll to the next year so you get paid out next bonus cycle. In 5 years, we only once failed to collect September before year end. If there’s a shitty client that refuses to pay, the firm is supposed to make you whole out of company profit by about 85%, but I’ve never heard of it being needed.

A&M5 thank you, super helpful as always sir/madam.

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