Profits Per Me (PPM)

Lateral partner candidates need to look beyond PPP and focus on what the authors call PPM ' "profits per me." Averages are great, but how much of the law firm's profits can one fairly expect to get?

26 minute read September 29, 2008 at 10:44 AM

Mark Jungers And Jane Sullivan Roberts

Over the last 20 years, The American Lawyer's profits per partner (PPP) has become the number America's largest law firms use to keep score. Perhaps more importantly, it is the number lateral partner candidates use to evaluate the strength of a firm and to predict their compensation.

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