What is the policy at your firme for " side busines"? I have a close friend who wants my help in dealing with a transaction ( basically helping him with drafting the documents) with a big investment fund. He has no money to pay me but offered some equity if the business go forward. The firm would not take him as a client because he could not pay the fees. The fund is not a client at the firm ( but has size to become one). I want to play fair with my firm but also do not miss the opportunity.

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What does your firm's malpractice insurance permit regarding outside interests? Will you have a defined scope for your "work" in exchange for equity? What if the scope changes? Will you be a passive partner and have a written partnership agreement (or similar)? Does your friend waive the conflict issues that arise from this relationship?

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There would be no insurance. I decided to turn down the offer.

Your heart is in the right place but this has many risks. Many firms do not allow “outside work” or “favor for a friend type service” because if the deal goes south, everyone gets sued. Does your firm’s E&O cover you for work not done though the firm? If your firm allows “outside work”, you likely need to do a standard conflict check. You should also have an engagement letter spelling out the scope of the work and how you are to be paid ($, equity, % etc) Whatever you do, it is not a good idea to do work “under the table”.

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Totally agree. I disclosed the idea to the MC but some risks involved in terms of insurance made me to turn down the offer.

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Just want your suggestion on this to help me decide.
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What kind of organisation would be best for me considering my mental health as well because I take too much stress ?

Thanks 🙏

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Hi Fishes,
Accenture offering 20 LPA( 16 fixed + 4 Variable).
YOE : 9.5 yrs
Role : Application development specialist

my questions:
1. Is it a good deal?
2. what is the role of Application development specialist in accenture? will there be any team under me? or I'll have to do task alone?
3. how is the WLB in accenture?
4. Will they revise offer letter if I'll get counter offers?


Thanks in advance

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