transitions can be affected, too, if you don’t handle this.
by marc rosenberg
partner comp: art & science
coordinating how the partner compensation and partner retirement/buyout plans are structured is critical.
more on partner compensation: how business entity type affects partner income | when a firm tanks while a partner soars | how profitability affects income allocation | paying new partners and lateral hires | 3 rules for promotion to partner | should the mp be the highest paid partner? | integrating partner comp with strategic planning
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one of the biggest complications for firms changing their partner compensation system is addressing the effect it will have on their partner retirement/buyout plan.
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