As a partner, what do you now understand that you didn’t understand when you were at the levels below?

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The partnership is an odd animal. No one tells you what to do and there’s no wizard behind the curtain pulling the levers.

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There’s so much more to learn AFTER becoming partner than there was before!

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Every relationship matters

likehelpful

⬆️ so much this. Like, from Day 1. I’ve just crossed paths after a 10+ year hiatus with a client I first met when I was an Analyst. He’s now General Manager of a client we want to work with. Life right now would be a lot harder if I’d messed up that relationship when I was still a noob.

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Additional Posts in Partner One

Partners, do any of you regret not starting your own business?

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How are your offices trying to get people back in the office?

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Partners - absent the paycheck, do you enjoy your job? Regardless of yes/no, did you enjoy the path to getting there? If you didn't, what convinced you to keep going at it?

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Getting an offer for a position which is more senior than my experience? How do I de-leverage risk of Lower than expected performance while ensuring I don’t raise any red flags

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How is partnership pay determined across service lines? Do partners in consulting get more units than let’s say audit ?

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When did you know you wanted to become a Partner and stick it out with consulting? (More context...)

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Seeking advice on a client/internal politics situation

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Offering Firm has offered convos with Ptrs starting with group lead Ptr prior to onboarding, for career progression discussions. Taking as good sign to network. What are things I should be listening / looking for to gauge that they are serious? Been through promises before that weren’t made despite the performance latest being from covid related logzam. My List of questions has practice growth, revenue etc.

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How many partners love salesforce?

likefunny

If you were <6 months away from making partner at a Big 4 firm and you were presented an opportunity to join McKinsey as an Associate Partner doing the exact same work.
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Hello AP, partners and MD .

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3A.lso how high/low is the TC compared to your current consulting compensation ?

Thanks,

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Your best word of wisdom to the next generation ?

Here is some of the best I have heard « separate your emotions from the outcome. If you did your best and set everything you could for the outcome to be successful, the next steps may be beyond your controls so take a step back »

likeupliftinghelpful

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For recently minted partners what was your yr 1 Comp and how was it determined?

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Any idea on repeal of SALT (State And Local Taxes) cap in the new set of tax bills? I don’t see a lot of information on this. With high property prices/taxes in HCOL areas, it looked like previous admin strategically targeted California and NY residents. But I don’t see Democrats helping to restore confidence within their core base

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EY partner starting comp in consulting & 5 year down the road comp?

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Partners - how stressed would you say you are on a daily basis because of work? Does the money actually make it worth it to you (like can you actually even enjoy it outside of work)?

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