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Similar. Within private capital, it’s worse than MBB though.
Thanks OW1.
Not great. Although of course it just depends on the project. The past year was especially bad (2021 to early 22)
My experience has been that COVID made things worse at the firm globally as we worked through the [high attrition + healthy backlog] problem, but it also forced us to rethink how we recruit and how we manage our teams to be more sustainable.
How that's manifested - we have a much better balance of supply/demand on our resources, so we are turning down/deferring less work. But it's also resulted in a growing number of partners who recognize they have to sell differently to set expectations that we won't kill ourselves for this project because we have other options. And finally it's resulted in more understanding clients because they too face similar labor challenges and had similar COVID experiences and are more sympathetic now.
Bottom line - it's improved a lot and getting better every day