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At some firm, harder to make partner. Less plugged in to firm dynamics and politics. Less face time with people you may want to work with.
If those don’t matter/can be mitigated, I’d see little downside.
Subject Expert
The salary and bonus structures will likely be different in the satellite office. There is risk that you continue doing the same work but for far less money.
This shouldn’t be true at good firms
Mentor
They lower your salary to market.
Subject Expert
Our satellite office associates definitely get staffed less and it’s harder to make partner