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But what if you *are* Partner 1?

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Slightly different situation - spouse is a b4 partner and I am a b4 director (in the MD pipeline). Both of us will stay in consulting. We got 2 small kids.
Likes - Cannot complain re the combined income. It’s more than we ever imagined. We r aiming for early retirement (currently in 40’s and want to retire by 55). Allows us spend on experiences which pre-partner income would be more of a consideration.
Consideration’s - both our jobs are equally demanding and stressful with a fair amount of travel. We have agreed that there will be times we will miss out on some key milestones for kids. We will avoid but it will happen. To be able to do our jobs and not kill ourselves, almost everything has been outsourced (cooking, cleaning, kids pickup/dropoff, tutors, etc). Weekends we commit to spend time with kids. This comes at a cost but very much affordable at our combined income.
Overall - this situation is not for everyone. You have to be comfortable with the compromises you will make and align if the benefits are worth it.
Coach
Director 1 nailed it.
There will be sacrifices, but it’s the price you pay for the good stuff. And the further up the ranks you go, the more in control of your time you are. I’m talking year 5 and beyond at Partner here, as by then you’ll have it down and have built up a strong crew of go-to’s that you can trust. It’s a leverage game. First couple of years are hard though.
More junior boat here but I’m a M going on SM and my wife is a SC going in M. We don’t have a child yet but we’ve talked about it and both of us are very career driven. The conversation landed with that if we do have kids we will need to be near extended family who can step in and support us (Pakistani background) so tons of helps from aunts and uncles + parents. If we aren’t in that situation then one of us will need to pull the cord and bow out and take a less demanding role or become a stay at home parent.