Partner Comp: Three Subjective Compensation Systems

Plus balloting details for those who use paper and pencil.judge gavel,dollar banknotes and calculators

By Marc Rosenberg
Partner Comp: Art & Science

There are at least three performance-based systems for partner compensation. None rely completely on intractable formulas, but instead introduce various degrees of subjectivity. Needless to say, none are without some controversy.

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But each system requires serious thought. Here’s a comprehensive of the three approaches. Which does your firm use now? Why? Which might be a better approach?

Let’s take a closer look: