Should I lateral to another firm?

At a MM firm where cash comp is lower than normal but carry is higher at junior levels and returns are strong. I won’t receive any carry until ~2025 and then will be really strong, but until then I’m hung out to dry. Should I make a jump somewhere else to expedite comp increases?

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Also check the vesting schedule and what you get to keep/give up if you end up leaving

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A couple of thoughts: 1) how much do you really care about short term liquidity and 2) what are the figures you’re working with to better understand how it stacks up to market

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Feels like it depends on a lot of personal factors (culture and LT fit there). Otherwise, you roll the dice on the next shop and potentially coming up short relative to your current firm

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