Does Bain reset all lateral hires below partner down to “consultant”?

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It’s rare but possible to come in at a different level than Consultant. I know someone who came in as Manager but had a lot of relevant experience in a focus area. I also know of someone (second-hand) who care in as a second year Consultant and got promoted a year later.

If you’re expert track - definitely. Lots of external expert principal and expert manager hires in the last year as part of our new strategy. Consulting side - I’ve only ever seen it outside the US. Relatively common there, but assuming you’re in US I’ve never seen it in ~3 yrs at Bain.

What do you mean by expert? Are these client facing professionals that only focus in a specific area or a service line?

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