Can you negotiate an exit plan when getting onboarded as a Partner at a new firm?

likefunny
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TP1 no disrespect, but there are service lines out there where Partners actually have to go out and get work, you are not a glorified Manager who can be replaced by just about anyone.

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Big four?

Unlikely. The reality of your exit will be determined by the circumstances at the time. Especially if your future exit is involuntary and hostile.

Noooope. No accounting firm golden parachutes unfortunately

Both of those responses are incorrect. You absolutely can negotiate and most firms will provide one year severance at a minimum.

What else do you want to know?

An exit plan when you get onboarded?!?! Are you not confident of what you bring to the table. Or are you an older partner and making a lateral move? I’d find it unlikely most firms would do this, but may be dependent on how bad they want you

Do you get insurance when buying a car? Are you. not confident that you know how to drive?

likesmart

I think OP is talking about what an exit looks like when he is ready to leave in his terms and not a mandatory retirement. Yes you can absolutely negotiate either an exit comp package or at least negotiate an exit comp factor into your offer for current salary. Ie you want 2m when exiting so you negotiate an increase in comp of 150k more since no retirement.
At the end of the day PA is a business and any business deal can be negotiated. Good luck!

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