Partners / MDS - Have any of you stayed with the same firm from analyst to Partner/MD? If so, what made you stay despite probably receiving offers for more compensation? Also, what benefits are there to staying in consulting your entire career?

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I stayed at the same firm from senior to partner. And, I joined out of the military, so it was my first civilian job. I’ve been here for 21 years, 7 as a partner and one year leave when I got mobilized (I stayed in the reserves). A few of my reasons:
- I like the people and the culture, and didn’t want to roll the dice that I’d like somewhere else as well
- I’m risk averse. Beginning of my consulting career was the tech crash; middle was the financial crisis; and the latest was the pandemic, so it always seemed a safe place to be.
- Network is a HUGE factor in making partner. By the time I got around to seriously feeling like I had a shot, I felt it would set me back to move.
- Most importantly, I had great mentors who took an interest in me. I will never forget when I was a Manager, or maybe first year Director, and I want to lunch with one of them. She told me, “You know, you could be a great partner in the firm.” Honestly, I’d never considered it a real possibility up to that point…I was just plugging along, doing the job. That’s why I always make time for everyone on the team, from associates to late career directors….trying to pay it back.

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I love everything about this, and thank you for your service. All the best to you.

Most partners grow up in the firm they’re partners in.

Consulting partner is about the highest earning career on a risk adjusted basis there is.

Main benefit is getting paid a lot to do something you like to do. Something you’ll consistently see across happy partners is that they actually like doing this work.

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None. Law partner used to be, but the economics of that business have drastically changed in the last few decades.

There are lots of ways to make more, in some cases a lot more — consulting partners don’t get rich. But if you want a 7 figure floor, consulting partner is pretty much the safest bet. Anything that pays more will be riskier.

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🙋🏻‍♀️

I joined for ‘two years’ back in ‘97… and well, here we (still) are! If I am honest, I would say the arc of the last 24 years 😱 hasn’t been consistent. There have been loads of times where I’ve been having fun and I just stayed because the opportunities were compelling. For example, I really wanted to travel and Accenture has massively made that possible… my first project out of Uni was in Paris (I was based in London at the time) and since then I have lived and worked in ten countries and emigrated to the US. There have also been times when, frankly, I hated it and was just so mired I couldn’t fight my way out (I know, it sounds awful). As I look back , I am happy about where I am today, loving what I am doing and the amazing team I have the privilege of working with, so I am super happy it has worked out as it has.

On the second point, I am not sure I can point to any specific benefits to staying put, versus moving around. I think all paths have merit and pros/cons. For example, no one will look at my resume and accuse me of jumping around. The flip side is I am sure my ability to flex to a different culture would be probed hard given my longevity here. So… 6 of one half a dozen of the other really.

Fun question! Thanks for asking ☺️ All the best!

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Hi Again. Currently a CL3 with, I think, a decent shot at CL2 this year (we will see ☺️). I have done both delivery and sales… have been a CAL in years gone by but transferred back into technology from the OG as part of the moves post NGGM (sorry for any non ACN people trying to digest that acronym riddled sentence!). I really enjoy Complex Delivery and Recovery in particular. I’m currently leading one of the Firm’s bigger jobs and it’s an amazing problem solving and people puzzle. Figuring out how to keep the client moving, our people energized, inspired and at least somewhat rested 🤪 is a massive challenge which I love.

To your second point, I would say it’s not really politics per se, more, finding a space with leaders that really value what you do and the associated mentorship to make it to the next level. I found myself in something of a ‘backwater’ at the start of my time at CL3 and I needed to figure out how to unmire myself and get to something where what I was doing was valued. Doing that also required work and self reflection on my part - which I tried hard to do - and in short, now feel in a much better spot.

I would say, don’t overthink it too much. I think if you’re having fun, feel fairly compensated and challenged stick around… but keep checking in with the market on your value. You never know what dream job could be out there! Enjoy the journey and best wishes to you!

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Stockholm syndrome

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16 years at my firm. Started here out of grad school and 5 years as a partner now. Short answer for why I stayed is I enjoyed the work, liked the people I worked with and the long term benefits always outweighed any short term gains I was getting

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The relationships. And the respect that came from my loyalty and being able to weather the ups and the downs.

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