Why Voting Isn’t Such a Big Deal

Overhead view of five businesspeople discussing something at a table with an open laptop nearbyWhat about non-equity partners?

By Marc Rosenberg

Voting is a highly overrated privilege of being a partner.

MORE: Why and How New Partners Buy In | Ownership Percentage and Capital Accounts | 5 Key Reasons to Have a Partner Agreement
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When you don’t have a vote, it seems desirous and enviable. It appears to be a very special privilege enjoyed only by the firm’s elite. Having a vote is synonymous with ownership, power and prestige.