v15 cap markets Forum

[Anonymous User]

Can anyone at a v15 firm speak to how busy their cap markets group actually is currently? (e.g., are 300+ months the norm?) I'm considering a lateral move over from a sweatshop (albeit lower-ranked) firm and tempted by the prestige/resume boost but nervous it could get even worse hours-wise given trend over the last 6 months. Any opinions would be much appreciated!

[Anonymous User]

DPW is slammed. LW is slammed. Everyone is pretty busy -- all the cap markets groups are pretty slammed. But in my experience it's been more of a "230-260 a month, but just won't ever stop to give you a weekend off" sort of thing rather than a "mad scramble 300+".

I've been billing around 220 a month every month since March and I've personally felt slow compared to my colleagues (pure luck on my part, unless they're exaggerating their level of busy --- but they don't seem to be).

[inter-associate]

Will be firm specific, but at my V10 cap m has been slammed across the board this year. I wouldn’t say 300 hour months are the norm, but they have been happening more frequently than in previous years and associates who typically bill around 2000 hours a year are consistently coming in at north of 2500 for this year. It’s hard to imagine things getting worse, but they still could and there is also no end in sight

[Anonymous User]

Can confirm 250/mo at Cleary capmkts.