I am a partner in a niche life science technology with gross salary of $550k. The recruiter is trying to convince me that I can join as a MD3 and then if I want, can move to Partner track.

In majority of other firms, MD is mostly terminal roles. I am interested only if the position is equity [Partner track] but it's also unfair for a firm to start someone directly with equity. Thoughts?

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

What country are you in?

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And you’re asking about applying elsewhere or at KPMG? Sorry but your post isn’t very clear. You say salary but partners at KPMG don’t have salary…

I am a former KPMG partner. I was a cash partner but regret not negotiating to be an equity partner. I think you should negotiate for a split of cash and equity (shares). If there is any event or if there is significant earnings upside, you will benefit much more if you are and equity partner. I know of many partners who joined as equity partners. It is absolutely not unfair and shows you understand how the partnership works.

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How is the morale in your groups especially with constant layoff news in the market?

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