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Headline

Focus: Partner Pay - How do you like your stake?

Comment

Why the obsession with firm size? PEP and EPP rarely show the indicator the clients need to know - management skill. One (of many) metrics capable of doing this is Profit Per Lawyer - PPL. To calculate PPL merely divide the total profit available for distribution by the unmber of FTE practising certificates. PPL removes the gerrymandering associated with other metrics. Re-engineering the top 200 this way will show a very different picture and identify some intersting trends.

Posted date

14-Nov-2011

Posted time

9:24 pm

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