Ever wonder how much more you would make if your firm didn't have a partner pension expense?

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By the time you make Partner you're pretty much dead on the inside anyway

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Rates would just be lower. I don't think non-partners would see more money

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I agree. Rich Dad Poor Dad- an employer will always pay you as little as they can

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Nope, but like the point. Think the firms will ever get rid of the partner pensions? How much are they anyways?

The lesser of the two: average of your three best years or 200k. Yeah it's not all glory gold and god is it...

It's not quite enough to buy a yacht is it

Wait, you get paid $200k per year until you die?

@D2 It can get quite high if you do well. It's something like $10K for every $1M sold average of 3 best years multiplied by the number of years you were a partner. So, 15 partner years x $50K ($5M) = $750K...

Presumably the pension is being funded as the partners are earning into it. So it is essentially and element of partner compensation paid each year. So I don't even think rates would be lower, it would just shift to another element of partner compensation.

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