{"id":21559,"date":"2012-08-02t04:02:48","date_gmt":"2012-08-02t08:02:48","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=21559"},"modified":"2017-05-02t11:15:34","modified_gmt":"2017-05-02t15:15:34","slug":"after-the-baby-boom-a-new-generation-of-managing-partner-takes-over","status":"publish","type":"post","link":"\/\/www.g005e.com\/2012\/08\/02\/after-the-baby-boom-a-new-generation-of-managing-partner-takes-over\/","title":{"rendered":"compensation issues for the new managing partner"},"content":{"rendered":"<p><strong>five factors to consider in their new compensation plan. and five key responsibilities for the new managing partner.<\/strong><\/p>\n<p>by marc rosenberg, cpa<em><br \/>\nauthor of <a href=\"http:\/\/www.icontact-archive.com\/rrnqrindhs4xpx1vkgjfvjoolqginabc6oix6_3g9qu=?w=3\">how to operate a compensation committee<\/a><\/em><\/p>\n<p>baby boomer partners are rapidly approaching retirement age, creating a huge demographic shift. one result of this is a dramatic increase in new managing partners at firms.<\/p>\n<p>many firms are skipping a generation and turning the reins over to \u201cyounger\u201d partners. firms are also asking their new mps to divest themselves of a significant part of their client base to enable them to focus more on managing the firm.<\/p>\n<p><strong>how should the new mp be compensated?<\/strong><\/p>\n<p> <a href=\"\/\/www.g005e.com\/2012\/08\/02\/after-the-baby-boom-a-new-generation-of-managing-partner-takes-over\/#more-21559\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2012%2f08%2f02%2fafter-the-baby-boom-a-new-generation-of-managing-partner-takes-over%2f&amp;t=compensation+issues+for+the+new+managing+partner'  ><img  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href=\"mailto:?subject=cpa%20trendlines%20:%20compensation%20issues%20for%20the%20new%20managing%20partner&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\r\n\r\n\r\n\r\n%20%20\/\/www.g005e.com\/2012\/08\/02\/after-the-baby-boom-a-new-generation-of-managing-partner-takes-over\/\" title=\"email this: compensation issues for the new managing partner \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li><\/ul><div class=\"clean\"><\/div> <\/div>","protected":false},"excerpt":{"rendered":"<p><strong>five factors to consider in their new compensation plan. and five key responsibilities for the new managing partner.<\/strong><\/p>\n<p>by marc rosenberg, cpa<em><br \/>\nauthor of <a href=\"http:\/\/www.icontact-archive.com\/rrnqrindhs4xpx1vkgjfvjoolqginabc6oix6_3g9qu=?w=3\">how to operate a compensation committee<\/a><\/em><\/p>\n<p>baby boomer partners are rapidly approaching retirement age, creating a huge demographic shift. one result of this is a dramatic increase in new managing partners at firms.<\/p>\n<p>many firms are skipping a generation and turning the reins over to \u201cyounger\u201d partners. firms are also asking their new mps to divest themselves of a significant part of their client base to enable them to focus more on managing the firm.<\/p>\n<p><strong>how should the new mp be compensated?<\/strong><\/p>\n<p> <a href=\"\/\/www.g005e.com\/2012\/08\/02\/after-the-baby-boom-a-new-generation-of-managing-partner-takes-over\/#more-21559\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'>\n<ul class=\"socialwrap 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href=\"mailto:?subject=cpa%20trendlines%20:%20compensation%20issues%20for%20the%20new%20managing%20partner&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\n\n\n\n%20%20\/\/www.g005e.com\/2012\/08\/02\/after-the-baby-boom-a-new-generation-of-managing-partner-takes-over\/\" title=\"email this: compensation issues for the new managing partner \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li>\n<\/ul>\n<div 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