At present, my phono gain is set to 57db (min35,max75). I send the signal direct from pre to my professional sony recorder which offers DSP. I utilize the Sony's SBM feature, and sometimes it's balance control. I don't use its available DSP features based on EQ and limiters, or other options, preferring a more flat like transfer. I even manually fade in/out (if required) and control track#ing, even thought this can be done using DSP.
I manually pre-set gain on the recorder to record the LP peaks as close to 0db as possible, without clipping. But as you can clearly see on my LP rip (example above), clipping can still occur. It's important to note that on many pressings/recordings, such as some MFSL LP's, which have low recorded gain, with my recorders manual gain set to max, peaks are still well under -2db. On other LP's, I have to back-off recorded gain to ~60% or everything clips, not just the peaks.
The eventual success (SQ) of the recording isn't really dictated at the recording stage; the real "work" with a good needle drop happens during the pre-recording stages, predominantly the prep/cleaning of the LP to achieve minimum vinyl noise and the precise setting of SRA - per individual LP. (I don't adjust individual SRA per LP when casually listening, however when it comes to archiving/recording, I attempt to "focus-in" on the best possible sound quality.)