What is first year partner compensation?

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Posting as :
works at
You are currently posting as works at

Enough

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Ok I’ll revise.

More than enough for an AP, not enough for an SP.

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It’s ok

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500-1M

Thing to remember with P/SP comp…they have deferral plans (e.g., Cash Balance) that allows them to defer taxes. Our Profit Sharing Plan (PSP) is a great benefit to lower tiers (e.g., BA/ASC); however, they still heavily favor our P/SP. Add a CBP on top then you can defer more taxes and they do. Although total comp is much higher - they don’t see a massive difference in what they can touch.

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