Does pulling out after accepting an offer and beginning onboarding (but before having a start date) to accept another offer that came in late attach a stigma to you that follows you in a mid-sized market?

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It does. The extent of it depends on several factors, but let's just address two of the big ones:

1. Location: Doing this in Dayton, OH will be far worse for your reputation than doing it in NYC.
2. Practice Area: Doing this in Aviation Finance will be far worse for your reputation than doing it in Insurance Defense.

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Maybe but who cares?

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You may be burning your bridge with that firm but that isn’t necessarily detrimental to your long term career.

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As a hiring manager, I wouldn’t consider you again for any role on my team or the broader dept. I’ve had this happen twice and despite being good lawyers I will never consider these individuals again. Candidates don’t seem to understand the investment that the hiring manager makes in them. It’s not just time for a few interviews. It’s letting other candidates go, it’s going to bat with senior leaders and HR for stronger offers, it’s time invested by the team and colleagues the manager tapped for interviews, it’s extending the team the team struggles with additional work while we’re down a person…. If you thought a pay raise would keep you at your current job or you want to keep shopping for better offers then do that. Don’t accept my offer, waste even more of my time preparing to onboard you (and not looking for real candidates) and then pull out. If this isn’t the role for you, stop as soon as you suspect it and don’t treat our time like your entitlement.

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Spot on, ACC1.

Is it the right thing to do regardless of fallout?

The right thing for OP or the right thing in a moral sense? Because all that matters here is the former.

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Likely burns a bridge with the firm you’re reneging on. Beyond that, not really

Do what’s best for you and that should be the only consideration

I agree with LR1

Why are you pulling out? Reasons matter to some extent, size of market and speciality matter, long term career goals matter, but yeah a bridge will be burned and someone will take offense to a sudden last minute withdrawal.

Take the better offer but please give them proper explanation why you doing this. Sometimes you need to consider yourself priority especially if you have kids and support entire family.

Probably, but if you're sure about your choice, it shouldn't matter

If you're not sure enough about the choice to risk the likely fallout from the firm you accepted the offer from already, then don't renege

Don’t put it on your resume obviously.

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