It’s not usually the time off that’s the problem, it’s the pay.
By Marc Rosenberg
Partner Comp: Art & Science
If there is a practice management abuse that makes me want to wring a partner’s neck, this one is a great candidate: Partners who take a “clearly excessive” amount of vacation every year, maintain that they are working full time and expect their compensation to be unaffected.
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The partners committing this abuse are almost always founding partners, rainmakers or a former MP. In all of my experiences with this problem, the firms were under $10 million.
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