{"id":50239,"date":"2016-10-30t05:00:18","date_gmt":"2016-10-30t09:00:18","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=50239"},"modified":"2016-11-02t22:13:35","modified_gmt":"2016-11-03t02:13:35","slug":"firm-tanks-partner-soars","status":"publish","type":"post","link":"\/\/www.g005e.com\/2016\/10\/30\/firm-tanks-partner-soars\/","title":{"rendered":"when a firm tanks while a partner soars"},"content":{"rendered":"

\"female<\/a>adjustments during the year may be in order.<\/strong>
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by marc rosenberg<\/i>
\npartner comp: art & science<\/i><\/a><\/p>\n

assume this: an eight-partner, $7 million firm had income per partner (ipp) the prior year of \u00a0$350,000.<\/p>\n

more on partner compensation:<\/b> paying for current vs. historical performance<\/a> | partner pay in retirement transition period<\/a> | how to pay non-equity partners<\/a> | 5 types of partner evaluations<\/a> | how large and small firms allocate income<\/a> | partner pay: recapping the compensation systems<\/a> | 5 other systems for paying partners<\/a> | why firms use partner comp formulas<\/a>
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in the current year, for whatever reasons, the firm\u2019s revenues decreased to $6.5 million and ipp sank to $300,000.
\n read more →<\/a><\/p>\n