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As an ADC applying this summer for 2022 start, I haven’t gotten a chance to connect with any L.E.K. Consulting members and I really want to get to know the company better before moving on with my application. Any L.E.K. Consulting fish out there willing to spare a few minutes to chat about their work, the company, the culture etc? Thanks!
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MD salary range at Huron? And bonus potential?
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2% of 15BN is $300M. This is the typical mgmt fee and would cover OPEXs of the firm.
Assuming half covers OPEXs (conservative), that leaves roughly $150MM to be split between all profit sharing partners (assumed if split equally). So if there were 20 of you, that is ~$7.5MM each as a base.
Typical performance payout is 20% of every additional dollar earned over $15BN. So if you make an additional $100MM on top of the $15BN, that is $20MM to be divided up for the whole firm.
There are always exceptions to the above but this is one of the most basic frameworks.
Regards,
Fmr HF analyst turned Fed Consultant.