[JumpCrisscross]

> it's often less about productivity than it is about instilling a sense of allegiance

Note that the senior people at these firms are usually pulling, while not 80+ hours, at least 60 a week (e.g. 6AM to 6PM Monday through Friday).

[ghaff]

A lot of the commentary here is (correctly) on the associate "hazing." But, yes, partners certainly don't just cruise in for a few hours a day either and there's definitely a hierarchy of partners. In my experience, with investment banking there's a fair bit of high-end FIRE with at least some of those who stick it out retiring in their 40s or so.