As was the case with profits per partner, average growth in compensation–all partners was essentially flat last year, edging down 0.3 percent. Sixty-one firms posted increases in this metric, down from 62 in 2012 and 72 in 2011. Thirteen firms had growth rates of more than 10 percent in 2013, while 8 firms posted double-digit declines.
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 payouts to equity partners.
