Credit: Nuthawut/Adobe StockLaw Firms Grapple With Nonequity Partner Pay ‘Friction’
Pay for nonequity partners can approach or overlap with compensation of senior associates, counsel as well as some equity partners, firm leaders and consultants say.
January 14, 2025 at 06:00 AM
6 minute read
Law firms are seeing complications in setting competitive pay for nonequity partners, as the number of so-called income partners rapidly grows.
Oftentimes, pay for nonequity partners can approach or overlap with compensation of senior associates, counsel as well as some equity partners, firm leaders and consultants say.
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