The pressure to climb the ladder and be successful at a top firm is pretty intense. Has anyone decided to take a step back? You know, moving from an MBB back to a smaller firm. How did things turn out for you?

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It’s less pressure. But you have to be ok with it.
Top tier largely self selects those who would not be ok taking a step other than up

Not necessarily. I was okay with that pressure when I joined many years ago, but not okay now. I’m sure true for many, as life changes: partner, kids, ageing parents, etc.

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