Lateral Hire Conundrum

I got an offer at a very small firm but with a really great focus. M&A in a hot industry. The offer is absolutely below market pay for nyc and I was given about 24 hours to accept. So I accepted it because didn’t want to let it expire. I have an office visit scheduled this week with a much larger firm but in an area I’m not that interested in. But I believe the pay would be 20-30% more.

Now I want to go to this interview but obviously terrified to lose my current offer. The only way I could see myself interviewing is by being absolutely transparent with the larger firm. I would let them (which I guess would be the HR lady?) know that I have already accepted an offer but I am still interested in pursuing a position with them. Is that an awful idea?

2 Comments
 

Quas voluptas qui corrupti nesciunt saepe et. Occaecati voluptas quibusdam aut quasi. Qui ex molestiae consequatur.

Qui dolore nihil ea sequi vel sed. Rerum commodi exercitationem vero autem voluptatem eligendi iure. Deleniti in in voluptatem nostrum numquam.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”