Average Compensation–All Partners rose by 5.3 percent in 2017, compared with an increase of 1.6 percent in 2016. Seventy-nine firms posted increases, compared with 71 the previous year. Nineteen firms posted double-digit gains, while three posted double-digit losses.


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Compensation–all partners is based on the total payout to a firm’s entire partnership, regardless of equity status. Because it takes both equity and nonequity partners into account, we consider it to be a more complete assessment than profits per partner, which is based only on distributions to equity partners. Figures are rounded to the nearest $1,000. For more details about CAP, including a discussion of our criteria for distinguishing between equity and nonequity partners, see our methodology.