I read a study of 'lift outs' - teams poached from one firm to another, to perform similar roles [1]. In investment banking, these liftouts are focused on one o

I read a study of 'lift outs' - teams poached from one firm to another, to perform similar roles [1]. In investment banking, these liftouts are focused on one or two key analysts who bring juniors with them to the new firm. Sometimes these worked because the acquiring firm had no expertise in a particular area. The biggest impact moving in teams has is that you are familiar with a lot of the business customs already - you have a support team in place. Your shared network can grow a lot more quickly. However, with a liftout, you have enormous pressure to succeed; there's less 'onboard' time since you should know how to work in your team already. [1] http://press.princeton.edu/titles/9128.html http://press.princeton.edu/titles/9128.html, Chapter 7