Even in good economic times, de-equitizing especially unproductive partners may be a good move for business, consultants and recruiters have said. But midsize Pennsylvania firms seem reluctant to make such a move, in fear that it could change firm culture.
Consultants and recruiters said large firms seem unafraid to remove underperforming equity partners from profit-sharing when necessary. They said it most likely happens at midsize firms, but may be done more quietly.
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