Finally we have the prized position of partner at the big 4 accounting firms. If you counted up all the typical times for each position, you likely realized that it takes about 14-15 years to be an equity partner at a big 4 accounting firm. You are correct if that is the calculation that you came up with.
What you can expect from this position:
As a partner you are responsible for everything in your practice.
What that means is you are responsible for HR matters, staffing problems, billing, client relations in addition to making sure that your clients are happy and that you are winning new work. Sounds like a lot right?
So many people dream of becoming a partner and don’t realize what it takes to be one.
You can also relax if you have the right people around. If you have good managers and senior managers, you don’t have to worry about your client work getting completed.
If you have good assistants you don’t have to worry about your schedule getting messed up.
If you have good HR people, you don’t have to worry about staffing and annual review issues.
How long can you expect to be in this position:
Obviously you can expect to be in this position for the rest of your career as this is the pinnacle of the big 4. There are some additional titles that can be tagged onto your name such as senior partner and regional leader.
It is also possible to obtain leadership positions is you want to work really hard as a partner.