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Move-up Anyone seen or know anyone that traded-up from one MBB to another MBB? Eg. A BCG PL hired as Principal at Bain; a Principal at Bain hired as Partner at McK; a consultant at McK hired a M etc

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We had a P in Chicago who joined as a PL, and had been a C at Bain. But it was not a lateral hire to promotion thing, she had quit and gone to work somewhere else for a while. PL was just the right place to hire her back. So it can happen, but it’s tremendously rare below the partner level. The only real business reason to do it is to build some sort of expertise the firm doesn’t have, and almost by definition the people with that kind of expertise and credibility are going to be partners in the other firm. And even at partner level direct hires are rare, it’s usually “I left BCG to try something else, decided to come back to consulting and BCG didn’t have a spot for me doing what I want to do but Bain just happens to.”

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Interesting q.....sometimes wouldn’t mind trying out Bain!

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I’ve seen Bain hire at M and above from McK only. Usually sideways I’ve seen Bain hire from outside MBB (Deloitte, Roland Berger, etc) but usually one level below - eg Manager from Deloitte hired as Consultant, etc

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Rare usually it’s a step back or lateral as far as I’ve seen - especially at PL or below why would we hire you with a promotion? Maybe if you’ve got a book of business - but even then generally lateral

The only tenure I’ve seen it as a trade up is from Principal to Partner, and most of the time you need to be somewhere else for a year between (non-competes kick in post manager)

Interesting.. from which one to which one? And in what geography?

Usually not a trade-up. We just got a McK partner and making him senior partner in next window

I’ve never understood this type of move. unless you are miserable due to people you work with, how do you expect to be successful at same pace in a different culture, where you have no loyal pyramid or peers? Almost everyone I know who has switched firms at this level has ended up coming back or leaving for industry within 2-3 years

Out of curiosity do Bain / BCG hire laterally from non-MBB? Let's say manager level at ATK/OW/Specialist boutique to Manager/PL?

Yes

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