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Yes. Depending on the stage of the deal, I could be up late putting together materials but our IC decks are ~20 pages max. We aren’t putting together pre-IOI decks and even models don’t turn into full builds until later on in the process. Firm is very light on CYA work and partners are more focused on having juniors do substantive work which helps on hours significantly. Latest fund was  $2-4Bn in size. The market is certainly slower than past years, so unless you end up at an HIG or Audax type shop that sprints at everything just to throw in a low bid, you should still have time for a life. This site is overblown at times with how bad the industry can be on hours. People at firms with great WLB aren’t the ones on WSO posting about it non-stop. Instead it’s an echo chamber for those chasing prestige at the detriment to their own happiness in life.

 

Also yes, and work at a UMM firm that folks typically think of as sweaty and stuffy. Live deals do push below 8 hours but even then I'd say less than 6 hours is rare - if you are up until 3, no one will bat an eye if you wake up at 9 and come in at 10.

Agree with comment above that it's a bit overblown. I think associates in general also need to push back better and respect their own time, and the ones complaining about it the most are the ones hyperventilating and trying to get their to-do list to zero every single night. Think about if the work you are doing at 11:30pm is truly critical for delivery next morning AM - if not (in my judgement), I just go to bed. This does require you to somewhat understand where and how your work is landing, but you should communicate well with your VP anyways to understand the bigger picture. My reviews have been fine operating in this way. That said, I would still say the job is stressful.

Seniors are finally adapting to the new work habits and values of our generation, so to me we are just part of the natural transition of culture in PE over next 10-20 years.

 

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