MANAGEMENT

25 Managing Partners List Best Profitability Ideas in 7 Key Areas

by Marc Rosenberg
Author of What Really Makes CPA Firms Profitable?

At a monthly roundtable of 25 managing partners from most of Chicago’s largest local firms, several highlights emerged, including insights into:

  1. Partner comp
  2. Non-equity partners
  3. Mergers
  4. The impact of not-for-profits on profitability
  5. Realization rates
  6. Increasing staff-to-partner leverage
  7. Collecting receivables