Seems there's an exodus from T2 to T1 [MBB] now, especially given increased hiring rates at T1s. Is the shift driven from $$ and associated prestige? Doubt it's WLB improvements 🤔. Curious on perspectives.

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I would literally take a paycut rather than move to an MBB

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https://www.afr.com/companies/professional-services/punit-renjens-plan-to-keep-deloitte-more-exclusive-than-harvard-20150910-gjjhml

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Gotta hire more people to pay off those massive lawsuit payments...

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Well we gotta absorb all their clients that dropped them like a hot potato BCG1 😂

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Hiring rates have not increased. Our bar is mostly the same, we're just taking more people to service more clients/practices

I would argue hiring rates have increased therefore necessitating a larger pipeline because, as you said, offer likelihood per candidate hasn’t changed. So you need to put more people through the process.

I don’t think it’s an “exodus”, but for people who prioritize “prestige” it’s a good time to apply so you’re hearing a lot more chatter about it.

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