By Marc Rosenberg
The Rosenberg Practice Management Library
There are two sides to every discussion. I may have made it seem as if you’d have to be a fool not to want to be a partner. But being a partner isn’t for everybody. The reasons listed below exclude issues not germane to this discussion, such as a desire to change careers, opportunities to join one’s family business or boredom with accounting.
Long hours. At most firms, when the staff leave, the partners are still working. Some feel it sends a negative message to the staff because it implies that there is an expectation for partners to work long hours and therefore make it difficult to enjoy a healthy work-life balance. Rosenberg MAP survey metrics corroborate this: Partners average around 2,410 total work hours but the staff average is 2,280, a difference of 130 overtime hours.