I have my own practice for past 5 years and have spent a lot of time building up brand and reputation. I'm thinking of bringing on partners but am trying to figure out how to structure compensation, profit sharing and equity while maintaining control. I dont want to do associates bc I need someone with more experience than I can afford. Does anyone have any ideas on how one can up a law firm?

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We’re in the same boat. We’re trying to find an associate that we can turn into a partner in 2-5 years. Base pay but the bonus is becoming a partner in a shorter time than they would at a mid sized firm or big law.

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