it depends, and not on what role you play.
by marc rosenberg
partner comp: art & science
there are two responses to the headline question. first, there is no automatic rule or customary practice that says the managing partner shall be the highest paid partner.
more on partner compensation: how large and small firms allocate income | integrating partner comp with strategic planning | partner pay: the declining importance of book of business | 3 non-performance-based comp systems | 3 subjective compensation systems | what partners earn and how they earn it | why most partner comp systems are performance-based
second, it depends on how the mp’s overall performance compares to other partners. firm management, originating clients and the size of one’s clients under management (“book of business”) are far and away the factors that earn the most income for a partner.
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