Law School Discussion

Profit Per Partner?

SEC_2L

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Profit Per Partner?
« on: June 28, 2009, 05:09:14 PM »
Does this stat mean the amount of firm profit attributable to each partner on average or what each partner takes home at the end of the year on average?

Re: Profit Per Partner?
« Reply #1 on: June 28, 2009, 05:15:15 PM »
I think PPP is total firm profit / number of equity partners.

nealric

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Re: Profit Per Partner?
« Reply #2 on: June 28, 2009, 07:38:15 PM »
Yeah it's just total profits divided by number of partners.

The difference between the highest and lowest paid partner can be as much as 1:9- so it's not all that useful for determining how much a given partner makes.

Burning Sands, Esq.

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Re: Profit Per Partner?
« Reply #3 on: June 29, 2009, 10:33:28 AM »
Yeah it's just total profits divided by number of partners.

The difference between the highest and lowest paid partner can be as much as 1:9- so it's not all that useful for determining how much a given partner makes.

Exactly!