{ "media_type": "text", "post_content": "Question for Equity Partners: how much does the amount of billable hours you work yourself factor into your compensation? I learned that it’s a pretty significant factor at my firm which is part of what I think holds our firm back from healthy growth because Partners are too much in the weeds on their clients.", "post_id": "60d32494bea6ca002ae0ae2e", "reply_count": 8, "vote_count": 3, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

Question for Equity Partners: how much does the amount of billable hours you work yourself factor into your compensation? I learned that it’s a pretty significant factor at my firm which is part of what I think holds our firm back from healthy growth because Partners are too much in the weeds on their clients.

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Compensation is based on how much work a Partner sells. If they can sell $10M a year with 40 hr weeks, then they would make the same as if they were selling $10M with 100 hr weeks.

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I guess the firms in my area are doing it wrong then 😂 our partners (and some others at firms in the area) told me directly that utilization does get factored into their comp along with revenue generation and overall firm performance. Glad I’m not crazy for thinking that’s unusual to include utilization.

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It depends on what “partner persona” category someone falls into determines the criteria they are judged against. Some partners are expected to be more client facing than others. Also depends on your firm’s philosophy on where Relationship time with current clients is coded billable vs nonbillable

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