Entitled Rainmakers and Other Practice Development Errors

Can retired partners stay involved? Only if it benefits the firm.

By Marc Rosenberg
The Rosenberg Practice Management Library

This post explains the rock-solid link between bringing in business and partner compensation.

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Here are the major factors firms consider in compensating partners:

  • Bringing in business
  • Managing a large client base profitably
  • Providing great service to your client base
  • Holding management and leadership positions in the firm
  • Nurturing and mentoring staff; helping them learn and grow
  • Living and breathing the firm’s core values