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this is probably the least of your problems when making partner from MD.
Yeah I find you basically don’t get to take a fully checked out vacation as a partner. You might go on a trip with your family but I find I am always working at least an hour in the morning and 30 min or so in the evening checking in, approving things when necessary, fielding calls from clients etc. Honestly I couldn’t imagine totally disconnecting the thought of it stresses me out :) I just wake up earlier than everyone else and in the evening we all have a little screen time between our daytime activities and dinner. When I’m on vacation I typically won’t attend scheduled calls during the day, but of course there are exceptions.
but the flip of it is true as well. I am not shy about taking a weekday afternoon and going to a baseball game or taking my kids to a theme park, or taking a long boozy lunch with my wife every now and again.
the thing about being a partner is you feel like it’s your business so you are responsible for it and need to keep it going from a revenue, retention, risk/quality perspective. You just do what it takes to make it.
I should note that there are partners that take vacation and completely check out. You just have to find what works for you.
I am going to assume you're not close to MD level
Nope. I had 4 weeks balance that was written off. That said if you’re worried about “losing” PTO your probably not really in the orbit for making partner anyway. Once your a partner there is no PTO in the way there is no twice monthly paycheck. You have other considerations at that point.
Haha exactly. Unlikely they will pay it out.
I don't know about other territories, but in my territory we don't even get paid out drawings fully if we don't meet collection targets for the month. PTO is last thought on my mind ever let alone encashing it.