Clawback and How to Handle It

Bear paw with clawsBear paw with clawsFive-year adjustments may ease partners’ minds.

By Marc Rosenberg
Retirements & Buyouts

Some firms struggle to agree on the details of a partner retirement plan.

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One of the biggest items of contention is the valuation of their goodwill for internal retirement purposes. In these cases, the partners are anxious about obligating themselves to pay huge buyout benefits.