If you find out in your mid 30s that you definitely are not on partner track at your firm, but you definitely can be a non equity MD, do you ride it out and just be content making $$ instead of $$$$$ ? Change firms? Career pivot?

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works at
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I think the WHY you are not on partner track is important at that stage

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Bad timing / business case

Do you like the firm and people you work with? Would making $$ instead of $$$$$ have a significant impact on your daily happiness?

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I don't know what levels of happiness would be unlocked with $$$$$ lol

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Book is fine. It's a timing, market, industry, and politics issue. No one thing. Just a pile of headwinds.

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Politics internally or? If internally then you may want to consider switching to avoid being coached out

Doesn’t it usually have to do with size of your book of business?

I am going through this now as a new manager. Still basically working as a senior.

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If I like the firm & people, I might consider staying. But if I really want to be partner (ie it’s the goal) & sure I can get it elsewhere for more $$$$, I’d leave. 😆

Switch. Now

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