As with most bold proclamations of the type that accompanies this month’s column, an important clarification is necessary. Many law firm partners know something about most or even all of the topics below. Moreover, in some cases, especially where partners are members of their firms’ leadership teams, they often know quite a bit about these points.

Nevertheless, after having now worked with partners for 11-plus years, and having been one myself many years ago, I continue to be surprised by the lack of detailed knowledge among most partners about three subjects that will be addressed below.

What is the Partner’s Market Value?