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Podcast 23, featuring Blane Prescott; interview by Jordan Abshire. Law firm management consultant Blane Prescott discusses partner compensation, origination credits, two tiered systems, lateral partner vetting and more. Wisdom dropped includes: the highest paid partner at a firm may well be under-paid; most partners don't demonstrate whether they're going to be successful at business development until their mid-to-late 30s; only 10 to 15% of partners are ever going to be great rainmakers.
By NALSCPodcast 23, featuring Blane Prescott; interview by Jordan Abshire. Law firm management consultant Blane Prescott discusses partner compensation, origination credits, two tiered systems, lateral partner vetting and more. Wisdom dropped includes: the highest paid partner at a firm may well be under-paid; most partners don't demonstrate whether they're going to be successful at business development until their mid-to-late 30s; only 10 to 15% of partners are ever going to be great rainmakers.