Credit: kentoh/Adobe Stock In Partner Comp, Does Ignorance Equal Bliss? Firms Using the 'Black Box' Hope So
"It is so much easier to keep people happy when they can't see someone is making more than them even though they have more in originations," said Jeffrey Lowe, recounting the message he hears from firms with opaque compensation models.
January 16, 2024 at 05:00 AM
5 minute read
Lawyer Compensation - Law Firm
The original version of this story was published on The American Lawyer
As an equity partner with a financial stake in your firm and responsibilities to maintain it, aren't you entitled to know how compensation is being allocated to you and your colleagues?
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