How can you choose the right practice size for your career?

2 Small group practice

A small group practice is where you work with a few other practitioners, usually in the same or related fields. You share some costs, resources, and referrals, but you still maintain your own identity and income. You also have some influence over the decision-making and direction of the group. However, a small group practice also requires cooperation, communication, and compromise with your colleagues. You may also have to deal with conflicts, disagreements, and personality clashes. A small group practice is ideal for you if you value collegiality, diversity, and support, and if you have the ability and willingness to work as a team.

3 Large group practice

A large group practice is where you work with many other practitioners, often in different fields and specialties. You benefit from economies of scale, access to advanced technology and equipment, and a steady stream of referrals. You also have less administrative and financial burden, as the group handles most of the management and operations. However, a large group practice also limits your autonomy, flexibility, and individuality. You have to follow the rules, policies, and procedures of the group. You may also have to deal with bureaucracy, hierarchy, and politics. A large group practice is ideal for you if you value stability, security, and growth, and if you have the skills and adaptability to work in a complex and dynamic environment.

4 How to choose

There is no one-size-fits-all answer to choosing the right practice size for your career. You have to consider your own strengths, weaknesses, interests, and values, as well as the opportunities and challenges of each option. You also have to think about your short-term and long-term goals, and how they align with the vision and mission of the practice. To help you make an informed decision, you can do some research, talk to other practitioners, visit different practices, and weigh the pros and cons of each option. Ultimately, you have to choose the practice size that suits your personality, lifestyle, and career aspirations.

5 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?