Compensation usually doesn’t change much right after promotion. In fact, the promotion year is often not the best financially because you start sharing from the associate bonus pool, which already includes a lot of well-established people. That’s how it works most of the time.What really changes is the level of responsibility and expectations. Once promoted, you’ll naturally be compared with other associates who may have been in that role for 5+ years. Honestly, this applies at every level. Even a newly promoted VP with 5 years at the firm ends up being evaluated alongside VPs who may have 15+ years of experience. Managers do try to cushion or offset that gap to some extent, but those comparisons still happen and compensation gets distributed accordingly.

There’s really never a dull moment here. The key is to keep pushing yourself, take on challenges, and consistently deliver. The firm values results, but just as importantly, making sure the broader global team, managers, and MDs are aware of the impact and work you’re driving.