plus balloting details for those who use paper and pencil.
by marc rosenberg
partner comp: art & science
there are at least three performance-based systems for partner compensation. none rely completely on intractable formulas, but instead introduce various degrees of subjectivity. needless to say, none are without some controversy.
more on partner compensation: 11 points in designing a partner comp system | 3 tiers of compensation | what partners earn and how they earn it | how partners view compensation: it’s not all about the money
but each system requires serious thought. here’s a comprehensive of the three approaches. which does your firm use now? why? which might be a better approach?
let’s take a closer look:
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