Profits per Partner question Forum

RVP11 · Post by **RVP11** » Thu Jan 05, 2012 9:09 pm

nsbane wrote:How much do they make a year? It can't be the same number as profits per partner, can it?

Why can't it?

omninode · Post by **omninode** » Thu Jan 05, 2012 9:25 pm

Presumably some partners make more than others?

Old Gregg · Post by **Old Gregg** » Fri Jan 06, 2012 12:05 am

1) It's total profits divided by the number of equity partners.

2) PPP almost never equals how much each equity partner makes. For some firms, what a partner earns is based entirely on his seniority; at other firms, it's based on a combination of his seniority and how much business he brings in; and at yet other firms, it's based purely on how much business the partner brings in.

Grizz · Post by **Grizz** » Fri Jan 06, 2012 12:09 am

Also a lot of those PPP numbers are made up

Old Gregg · Post by **Old Gregg** » Fri Jan 06, 2012 12:47 am

Grizz wrote:Also a lot of those PPP numbers are made up

Yes and no. If a firm is continuing to recruit star partners, you can bet those star partners are flocking to that firm on the basis of real numbers.

Grizz · Post by **Grizz** » Fri Jan 06, 2012 12:54 am

Fresh Prince wrote:
Grizz wrote:Also a lot of those PPP numbers are made up
Yes and no. If a firm is continuing to recruit star partners, you can bet those star partners are flocking to that firm on the basis of real numbers.

The numbers they tell you are often made up, which is what matters.

c3pO4 · Post by **c3pO4** » Fri Jan 06, 2012 1:05 am

partner salaries range from 300k-3 million. Very few make more than 2 million per year. Many make around 1 million.

Old Gregg · Post by **Old Gregg** » Fri Jan 06, 2012 1:11 am

Grizz wrote:
Fresh Prince wrote:
Grizz wrote:Also a lot of those PPP numbers are made up
Yes and no. If a firm is continuing to recruit star partners, you can bet those star partners are flocking to that firm on the basis of real numbers.
The numbers they tell you are often made up, which is what matters.

Again, actions speak louder than words. That was the implication of my prior post, but it looks like it went over your head.

Grizz · Post by **Grizz** » Fri Jan 06, 2012 1:14 am

Fresh Prince wrote:
Grizz wrote:
Fresh Prince wrote:
Grizz wrote:Also a lot of those PPP numbers are made up
Yes and no. If a firm is continuing to recruit star partners, you can bet those star partners are flocking to that firm on the basis of real numbers.
The numbers they tell you are often made up, which is what matters.
Again, actions speak louder than words. That was the implication of my prior post, but it looks like it went over your head.

I didn't miss it duder

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