What is being an MD at A&M like: 1. What is the leverage ratio? 2. Owner or a salaried role? 3. Compensation range? 4. How often do you hire laterally at this level, and from where? Thanks in advance.

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Not an MD, but I can tackle a few of these:
1. By leverage ratio, do you mean staff to manager to partner ratios? All I can say is that we tend to be more diamond shaped than pyramid shaped in terms of the distribution of people. Knowing which practice you are referring to would help.
2. MDs have equity stakes they buy into
3. Not sure on range
4. I see a lot of partners hired in all the time. Depending on the practice, we hire from Big 4, MBB, Tier 2/Boutiques, etc. We also hire extensively from industry in CPI and PEPI

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Many thanks A&M1. I was asking regarding PEPI. This was very helpful.

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PEPI hires more extensively from the strategy consulting firms from what I've seen.

Agree with A&M1. We have hired at least 3 MDs that I know of into PEPI in the last few months all from T2. In general A&M does this when targeting specific skills or industries.

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