10 best practices.
by marc rosenberg
the role of the managing partner
i have compared a “true” managing partner to an administrative partner. both are important positions. both share many common duties and expectations. but true managing partners are more valuable because they function like corporate ceos and thus make a bigger impact on the firm’s overall performance than admin partners.
more: the 9 biggest merger pitfalls | the managing partner’s role in mergers | five ways to evaluate partners | manage partners with goal setting | overarching authority that managing partners must have
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these three duties differentiate true managing partners from admin partners. true managing partners
- manage partner performance and behavior
- hold partners accountable
- drive the firm’s growth and profitability
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