What percentage of partners are actually happy?

likehelpful
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50% are miserable
50% pretend that they aren't

likefunny

KPMG2
I wouldn't exactly call a bunch of college graduates "The Bottom", especially when most of which are white upper-middle class dudes 😂

funny

On the whole I think most of us are happy. We carry a ton of pressure and on some days things come to a head in a way that causes us all to really struggle. Also note the family dynamics pressure of maintaining your responsibilities at home and in the office ebb and flow constantly and for me personally are incredibly difficult to manage in a way that makes me in anyway proud. Would I give it up? No. Do I wish I did things better and focus more on my family? Yes. The only thing I can say for sure is no ones day to day as a partner is really the same and like everything else in life has highs and lows.

likehelpful

Seems fishbowl has finally attracted all the pessimists from goingconcern

I love my position and my career. I love the client interaction and relationships, the problem solving, the training and development of our people, the camaraderie, the technical and business and industry knowledge and learning, the fast pace, the strategy, the growth efforts, the high performance capabilities and culture of my colleagues, my compensation and related financial freedom and much much more.

There are also things that are frustrating. Nothing is perfect.

But this is a great profession and career. Some people may feel differently and that's ok. There are professions that I dont find appealing.

I hope that everyone finds something that they love. I am fortunate to have found success in this profession

likehelpful

Well said. And I agree that FB is becoming a completely worthless platform due to the persistent negativity. I can’t comprehend why people staff in a career that makes them so miserable. I live my job most days. It’s afforded my wife the ability to stay home with our children and raise them from birth. It’s given us some great vacations and it makes my marriage much simpler because although everyone has problems, money and debt (major contributors to marital discord) and nonexistent. My kids go to great schools and live next to some great people. All because of this career.

like

58.76%

likefunny

I know one who gets paid that $500+ and take a couple calls and calls it a day. Bet they’re pretty happy.... I’d take that deal.

like

What kind of question is this? How do you think you will get an answer that means anything?

like

0.0. No grade point average. Thank you D Day

Many will not admit it but a lot of partners are downright miserable and count the days until they ‘vest’ so they can retire. Yes the money is nice — and partners gets defensive in response — but there are ways to make money and feel truly proud about the work you do. Don’t want to overgeneralize but it’s a sad reality.

ey2

You are definitely overgeneralizing.

I agree there are some partners who are not happy overall and just in it for the vesting/money. Every high paying profession has some of that.

I've been in this profession more than 30 years. I can tell you that from my personal experience with hundreds of partners, the number that enjoy and feel pleasure in their career far outweigh those who are unhappy.

Partnership is absolutely a high pressure environment. Heck, to make more than a million a year if will be this way. But many of us feel it also comes with amazing and rewarding benefits and experiences alongside the pressure and we love it. And some dont feel that way.

But please dont rain on the parade of the thousands of partners who love their careers and care about their teams.

like

Partners responding in this thread - instead of immediately getting defensive, it may be worth considering why so many of your staff have questions like this, or as someone in this thread put it, have a “negative attitude.” Perhaps you should ensure your staff get the same well-rounded experience you feel you have gotten in the industry.

Not saying people are correct in their assumption. The thought process generally goes something like “wow I feel like I am working 24/7 and never get personal time and can’t balance work with my personal life. How could anyone ever want to do this as an adult with a spouse and kids?”

For PPMDs to say “stop being negative” is counterproductive. Just suggesting that it might help to take a second and think about why staff often can’t see themselves at B4 long term.

likesmart

If you love to help others; i.e. serve clients, develop talent and collaborate with other professionals, you love being a partner that is compensated well. Naturally some clients are easier and more enjoyable to serve. Some talent is easier, more willing and more enjoyable to develop. This applies at every stage of any career for everyone.

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