The pros and cons of nonequity partnerships

BY JENNIFER WILSON

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.

SPONSORED WHITE PAPER

Preparing the statement of cash flows

This instructive white paper outlines common pitfalls in the preparation of the statement of cash flows, resources to minimize these risks, and four critical skills your staff will need as you approach necessary changes to the process.

RESOURCES

Keeping you informed and prepared amid the COVID-19 crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.