Best Practice: Partner compensation at a 2 attorney start-up
Asked and Answered
By John W. Olmstead, MBA, Ph.D, CMC
Q. I am a solo practitioner in Chicago. I've been offered by another solo to join him as a partner, and was wondering if you could suggest any articles or books I could look at to think about how to structure the partnership. We bill about the same number of hours, but his rate is 50% higher than mine ($300 vs. $200) and he has 20 years on me in age and experience.
The Illinois State Bar Association has released a 53-page
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