Start a practice or stay? I have an exit opp to be on the ground floor of an IT/cyber practice (5 people) at a top 15 firm (~750 mil rev). I have a solid position now with partner on the 5-10 yr horizon. This move would put me at sr manager with partner in the next few years if the practice succeeds. Do I stay the course at an established practice or take the chance to create something new?

like
Posting as :
works at
You are currently posting as works at

Risk it for the biscuit baby!

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If you’re joining that early (first 5) and risking a lot to do it then I’d ask them for more of a guarantee. Even if they aren’t willing to give you partnership on day 1, then ask them for contractual agreement that you’re admitted as a partner at some specific point in the very near future, if and after some specific hurdles are cleared.

A handshake and gentlemen’s agreement is no agreement at all.

likehelpful

Do it - especially if you have no guarantees to make partner by staying.

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Start the new practice, as you’ll reap more financial and title rewards from it. Cyber is hot and will do well regardless of the firm branding!

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Do it. I would in your position.

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In fact I may have the same opportunity and will take it

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Jump - you'll be happier and can make partner level at the new place in that same time frame

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