A deep dive into the drivers of profit per equity partner
December 12, 2018 at 02:19 PM
1 minute read
The original version of this story was published on Law.com
A previous article showed that three key operating drivers: revenue per lawyer (RPL), cost per lawyer (CPL) and leverage underlie PPP (Profit per Equity Partner). The common belief is that PPP is the annual average compensation of an equity partner. Indeed it is. But it can also be described as the end result of these tangible operating metrics.
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