Partner remuneration systems described as stupid

July, 25 2014

An Australian partner-turned-consultant has urged the profession to change their 'stupid' partner pay systems and to change them so that they reflect a partner's full value.

Ability to manage a team is not recognised in partnership pay Casper1774Studio

Peter Ross is quoted in Lawyers Weekly as saying that current systems either treat partners equally or recognise just one or two different metrics. They ignore, he said, the way they act as managers or business units or trusted advisers to clients. Source: Lawyers Weekly