does your plan pit partners against each other?
by august j. aquila
what makes a great partnership
during the last 13 years i have focused a large part of my practice on helping firms develop compensation plans.
more on great partnerships: how mps can make a real difference | 10 steps to transitioning to a new mp | what managing partners should be doing | do your partners pay their own way? | 7 keys to becoming an equity partner | how and why to achieve partner unity
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a critical element in keeping partners engaged is having a compensation system that rewards them for doing the right things. here’s what i found to be some of the best practices.
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