Career advice question:
Is it stupid to consider moving firms merely for a change?
I'm in an excellent spot in my current large firm, and have been told I'm the next leader of the practice group. I've been told by the managing partner I'm one of his "stars." I feel a ton of job security, and get to do interesting work. I've come to a point where I can control my hours to a great extent, see my family, and make steady, solid pay. The firm is well positioned for the future. When I lay it out that way, it just feels like too much good to ever walk away from.
The reasons I even wonder about it sometimes: I've been in the same place my whole career. Going on 15yrs now. It just feels like a long time to be in the same place and not know what else is out there. It's like living in a nice town your whole life, and since it's good enough, never going out and exploring the huge world out there. Maybe I feel a little stagnant, have a little touch of wanderlust.
My other gripe is that I'm in NYC but in a satellite office. I am at the mercy of a home office in a culturally different part of the country, and while the brand a modestly strong in my practice area, we are always branded bigger on other areas.
It would be nice to be in a NY based firm, which is strong in my area and branded better in my space. It would and be nice to have management that is better in tune with the NY market in terms of cost of living, lateral recruiting, etc. It would be nice for the guy who set my pay lived in the same area and paid the same for housing.
That's not to say I feel underpaid. I feel very fortunate to make what I do. That said, I suspect given how hot the lateral market is for people in my pracrice area and with my background, I wonder if I could find a firm a bit further up the amlaw rankings and make more money. Though that is not the primary motivator here by any stretch.
The last factor here is I don't have a huge book to call my own. I've worked with a great roster of clients and have contacts that could potentially yield big things, but I would go in and openly say I can't promise any of that. I can tell them my firm believes in me a few I believe in my ability to reel in some big fish, but I can't promise it.
I believe given my background that there is a market for this, and that I could potentially join a higher ranked firm as a partner and make more money. It could be an interesting and exciting change. But I would have little job security then. I'd have to prove myself to a whole new batch of senior partners who may or may not take to me. Who knows how long they'd give me before they expect a big stream of business generation. And the guys who are counting on me at my current firm would be devastated, one in particular.
I'm pretty risk averse with this stuff usually. Am I totally insane for considering it? I can't come up with a really good reason when balanced against all of the positives of my current situation, and yet part of me just wants a change.
Sorry for the long post. Thanks GBs.