For reference I’ve got 12 YOE. Three options: 1) partner at a hyper local firm, low base but profit share between years 1-2, equity (33%) in year three 2) manager at mid tier firm, big big base, potential partner track in 5 years 3) stay put, lowest base, long track record of relationships, potential partner track in 6-8 years

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Posting as :
works at
You are currently posting as works at

??? How is 3 a choice when 2 exists?

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Because “potential partner track” in a brand new firm is likely bullshit.

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1 kinda seems worth a shot. Roll the dice

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I always believe in present or near termed promises. Option 1 promises will be delivered in 1-2 years .

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Being partner is almost all about sales. How well and consistently can you sell to new clients when you don't have the backing of a major brand and teams of consultants to make proposals for you as might be the case at bigger firms?

If you're good at that and you already have clients who will follow you across firms, then pick option 1. If you aren't sure about your sales abilities and client willingness to move with you, pick option 2.

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I agree with this perspective.

Ask option 1:
- what was the profit sharing for the last 3 years, for someone like you?
- what is the profit sharing amount based on? % of salary? Equal distribution across all employees? Equal across peers?
- How is equity determined? All partners get 33% or based on something else (performance? Seniority?)

Ask Option 2:
- any profit sharing, bonus or equity in years 1-5?
- what percentage of managers make partner in 5 years (sounds almost unrealistic)

For both:
- How will they help you integrate into the new company culture?
- How will they help you build your network?
- What is the level of cooperation and competition between partners?
- How successful have they been competing for new sales? (For you, what do they offer a client that other, larger firms do not?)

What's your speciality? And what's the big big base ?

Do 1 and if it doesn’t work out or you don’t like it, go to 2 or 3. Have you considered WLB etc by the way? Similar in all 3?

4) Bitcoin

2 all the way

1, 2, 3 in that order.

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