Pros
-Good opportunity to learn from colleagues -Offers a good picture of government from the outside -Benefits are pretty good -Firm seems to continue to have a strong reputation among clients and subsequent employers
Cons
- Since going public, leadership has a short term focus - no longer makes investments - Top leadership is out to get the stock price up and then escape, compounding the short term focus to please wall street and shareholders - Much less functional expertise than ten years ago - because everyone is expected to focus on a single client "domain" and be everything for that client - The firm's leverage model went from 50:1 empoyees per equity-owning partner in 1998 to 200:1 or more now - so leadership is completely divorced from client work and daily reality (more time for politics), and employees have little chance to ever make the "partner" equivalent (they gave themselves a title upgrade at the same time they introduced two new rungs on the career ladder, so now partners are "Senior VPs" instead of just "VPs"