four reasons behind the decline. plus the impact on buyouts and retirements.
by marc rosenberg
partner comp: art & science
i’m sure many people see the title of this post as a form of practice management heresy.
more on partner compensation: 5 other systems for paying partners | 3 non-performance-based comp systems | 3 subjective compensation systems | partner compensation 101 | what partners earn and how they earn it | partner compensation: an art, not a science | why most partner comp systems are performance-based
the message is: the weighting of book of business is trending from being the “end-all” in allocating partner income, or close to it, to a factor that is still important, but less so.
to read the full article
