I want to ask for partnership at my small firm this year. I’m not sure exactly what that will mean, bc I’m not sure that the main shareholders truly want to give me a slice of the pie. I think they’re very happy and comfortable with their split in ownership, and probably don’t want to offer me a stake in that. Setting aside whether that is right or wrong, what is a reasonable comp structure to ask for? For example, is asking for 45% of my receipts (plus a bonus) “good enough”?

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1/3 is a pretty common benchmark; 45% seems like a fine place to start in the abstract. (But what would I know, I work at a commie firm with lockstep pay and more partners than associates).

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