Bringing in New Partners

Tactics for bringing in new partners have changed dramatically. And with succession planning put on the front burners of so many firms today, there is a heightened interest in developing programs for bringing in new partners.

We work with firms to address the following:

  • What should be the criteria for promoting staff to partner?
  • How should they be compensated?
  • What should their ownership percentage be?
  • What should their buy-in be?
  • What voting rights should they have?
  • How do they participate in the firm’s retirement plan?
  • How do their duties change once they become partner?