Pros/Cons of being an equity partner in a local consulting firm (non Big4)? What exit options will I have and how will the payout on exit work ?

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“exit options” is a phrase for junior consultants. At the partner level, non consulting jobs are few and far between (compared to juniors where companies might just want the consulting toolkit). Typically you join a client or same industry company in the exact role you consult in. Otherwise, why would anyone hire you?

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If you are going to be an equity partner why are you looking to exit already? Isn’t the point to build your own book of business?

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