Alexander Jenkins's questions to PJT Partners Inc (PJT) leadership • Q1 2025
Question
Alexander Jenkins asked about the potential upside for partner productivity in Strategic Advisory in a normalized environment and the growth capacity of the restructuring business amid economic uncertainty.
Answer
Chairman and CEO Paul Taubman explained that partner productivity has meaningful upside as the firm's networks become more built out, enhancing the franchise's network effect. On restructuring, he stated the firm is not capacity-constrained and is in a multiyear period of elevated activity, which could increase further if current economic stresses persist.