It’s more than a dollar figure – it’s a ranking.
By Marc Rosenberg
In an ideal world, partners could objectively discuss and debate the firm’s partner compensation system without regard for its impact on their individual earnings. But of course, we don’t live in an ideal world. It’s almost impossible for partners to weigh in on the system without thinking about its impact on their individual earnings.
MORE ON PARTNER COMPENSATION: Why Most Partner Comp Systems Are Performance-Based
This is the essence of why partner compensation is such a sensitive and critically important topic to partners.