{"id":48821,"date":"2016-06-26t05:00:11","date_gmt":"2016-06-26t09:00:11","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=48821"},"modified":"2024-08-14t09:35:42","modified_gmt":"2024-08-14t13:35:42","slug":"48821","status":"publish","type":"post","link":"\/\/www.g005e.com\/2016\/06\/26\/48821\/","title":{"rendered":"should the managing partner be the highest paid partner?"},"content":{"rendered":"

\"businesspeople<\/a>it depends, and not on what role you play.<\/strong><\/p>\n

by marc rosenberg<\/span><\/i>
\npartner comp: art & science<\/span><\/i><\/a><\/p>\n

there \u00a0are \u00a0two \u00a0responses to the headline question. first, there is no automatic rule or customary practice that says the managing partner shall be the highest paid partner.<\/p>\n

more on partner compensation:<\/b> how large and small firms allocate income<\/a> | integrating partner comp with strategic planning<\/a> | partner pay: the declining importance of book of business<\/a> | 3 non-performance-based comp systems<\/a> | 3 subjective compensation systems<\/a> | what partners earn and how they earn it<\/a> | why most partner comp systems are performance-based<\/a><\/p><\/blockquote>\n

second, it depends on how the mp\u2019s overall performance compares to other partners. firm management, originating clients and the size of one\u2019s clients under management (\u201cbook of business\u201d) are far and away the factors that earn the most income for a partner.<\/p>\n

here are illustrations of various scenarios:
\n read more →<\/a><\/p>\n