by Marc Rosenberg, CPA
Author of “What Really Makes CPA Firms Profitable?”
Partners are generally paid a lot more than firm administrators. For good reasons.
The marketplace has determined that doing what a partner does (bringing in business, possessing high levels of technical expertise, managing client relationships and managing the firm) commands a higher level of compensation than doing what a firm administrator does.
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Therefore, it makes no sense to pay a partner to do an administrator’s work. Besides, most partners aren’t as good at administration as trained, experienced administrators are.