Who Should Earn More: The Managing Partner or the Rainmaker?
That depends.
By Marc Rosenberg
Author of “CPA Firm Management and Governance.”
In allocating partner income, a firm needs to look at all performance attributes of each partner.
From a 35,000 foot altitude, firms should be reviewing these items for each partner:
- The partner’s role in the firm, the relative values of the various roles (MP, rainmaker, client handler, QC expert, niche specialist, administrator, etc.) and how well the role was performed.
- The extent that the partner achieved his/her goals.
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There are three different roles a partner can play: READ MORE →