Different Types of Partners
Hello,
As some of you working in consulting might know there are several different types of Partners. Most notably there are junior or salaried partners, and partners who have an equity stake at the firm. I have also seen some MBB partners listed as Advisory partners and can't figure out what exactly is their role. Can anyone enlighten me on how advisory partners are different from regular partners? Thanks in advance.
They're senior and incentivized in a different way. They advise the partner team on strategic issues for their respective verticals or more sparsely do some one offs for specific cases
Thanks for the reply, very helpful. So in a sense they are people who have been at the firm for a long time, and don't do the cases that often.
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