Yes, there are limits.
By Marc Rosenberg
The Rosenberg Practice Management Library
Partners are entitled to a lot. At some firms, they are virtually royalty. But that’s no way to run a firm these days.
A partner IS entitled to:
1. Attend partner meetings and retreats.
MORE: Tell Potentials What Partnership Takes | Fifteen Big Questions for Your Next Strategy Session | Five Steps to Transition to Partnership | Disturb the Present to Improve the Future
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2. Have access to all confidential firm financial data.
3. Receive a return on capital; repayment of capital when he/she leaves the firm.
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