How Managing Partners Spend Their Time [PRO Member Exclusive]

By Marc Rosenberg
Author of “CPA Firm Management and Governance.”

Managing the firm, rainmaking, client management. All vie for the managing partner’s time.

Marc Rosenberg
Marc Rosenberg

Statistics from The Rosenberg Practice Management Survey show:

Firm Size Annual Billable Hours % MP to All
Managing Partner All Equity Partners
Over $20M 632 1,079 59%
$10-20M 736 1,090 67%
$2-10M 959 1,117 85%

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Armed with the above, my experience with firms would indicate that the managing partner’s time is spent as follows: