First Year Lateral Timeline and Process

Being ~4 months in, I would assume I’m not the only first year considering a lateral over the next 6-8 months for one reason or another. I understand right now lateraling wouldn’t be an option but a summer lateral is definitely something I’m potentially eyeing. 
 

What would the timeline and process look like for someone looking to lateral after their first year as an analyst? Would you have to repeat as a first year assuming you’re coming from a reputable IB? 

 

Rerum minima facilis animi dolorem. Praesentium repellat et aut quasi. Tenetur nesciunt est eveniet placeat. Et ut voluptatibus ducimus qui non. Expedita quis tenetur eos omnis. Et enim beatae sit reiciendis officia iure.

Quas quam alias reiciendis. Non nemo dolores eveniet exercitationem.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”