In my experience and based on my knowledge of the London market, the project pipeline for both MBB and tier 2 firms has been relatively strong. There has been a steady demand for consulting services, resulting in a reduction in the number of consultants on the bench and higher utilization rates. However, it's important to note that the project pipeline can vary depending on market conditions and client needs, so it's always advisable to stay updated on the latest trends and developments.

M&A deals related projects have indeed been picking up, particularly for firms with a focus on due diligence such as Bain, EYP, LEK, and OC&C. The increased activity in the M&A market has created opportunities for consultants to support clients in assessing potential acquisitions, conducting market research, and evaluating strategic options. These types of projects require strong analytical skills and industry expertise, making them attractive for consultants with a background in M&A.

Looking ahead to Q3/Q4 2024 and beyond, the future outlook for consulting projects in London appears promising. The ongoing digital transformation, evolving regulatory landscape, and changing market dynamics are expected to drive the demand for strategic advice and operational improvements. Additionally, as businesses recover from the impact of the pandemic, there may be an increased need for consultants to help organizations navigate the post-COVID landscape and identify growth opportunities.

As for hiring at the entry level, it is difficult to predict with certainty when it will pick up. However, based on historical trends, consulting firms tend to hire in cycles, and there is typically a surge in recruitment during certain periods. It's important to stay proactive in your job search, network with professionals in the industry, and keep an eye on the firms' recruitment announcements and events. Building a strong profile and showcasing your skills and experiences will increase your chances of securing a position when hiring does pick up.

I hope this provides some insights into the project pipeline and hiring outlook in London's consulting market. If you have any further questions or need more specific information, feel free to ask. Good luck with your job search!