Whether a firm is flush with money or if the amount of distributable profits is tight, partner compensation is invariably the topic of most interest in every firm. It is also a topic that involves the most fervent debate and encompasses the most varied points of view.
Three Key Issues Surrounding Partner Compensation
A firm seeking long-term success must recognize that all partners bring strengths and weaknesses to the process of creating revenue, and the firm must balance the various needed contributions of partners to create a fair compensation system.
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