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Partner Compensation Flaws Continued:

  • Mar 19
  • 1 min read

Attached is EvolveLaw's second installment in our series on 5 law firm partner comp mistakes we often confront. 


Here's Installment #2 of our 5-part series on Law Firm Partner Compensation Flaws: Non-Equity Compensation that Kills the Equity Partner Pipeline. 


We've seen far too many examples of law firms overcompensating their non-equity lawyers. This mistake is often well-intentioned: firms want to show that they value service-partners and laterals. However, when non-equity compensation nears (or even sometimes exceeds) equity comp, equity may be simply not worth "buying." Equity partnership must be a not only a clear step up in responsibility, risk, and influence, but also in reward. When firms flatten that distinction, they don't just lose future partners (in the deepest sense of that word). They lose future leaders -- and in many instances, a sustainable legacy. This is a strategic failure. 


Is your non-equity attorney comp approaching that of your lowest equity partner? Let us help you fix that, and set a path toward a sustainable, growing, and well-leveraged firm.



 
 
 

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