I read a study of &#x27;lift outs&#x27; - 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.<p>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&#x27;s less &#x27;onboard&#x27; time since you should know how to work in your team already.<p>[1] <a href="http:&#x2F;&#x2F;press.princeton.edu&#x2F;titles&#x2F;9128.html" rel="nofollow">http:&#x2F;&#x2F;press.princeton.edu&#x2F;titles&#x2F;9128.html</a>, Chapter 7