- feature
- PROFESSIONAL DEVELOPMENT
The pros and cons of nonequity partnerships
BY JENNIFER WILSON
Please note: This item is from our archives and was published in 2014. It is provided for historical reference. The content may be out of date and links may no longer function.
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The number of firms using nonequity partner programs has grown dramatically over the past several years. Such programs can have positive and negative results. This chart explores the benefits and drawbacks of nonequity (or “income”) partner programs across five important firm management attributes.
Click here to enlarge the chart.
Editor’s note: Also read “How to speed the path to partner,” by Chris Baysden, in the March 2014 issue of the JofA.