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After years of hard work and dedication, you’ve finally reached the mountain top – you’ve been named partner. However, the trouble with achieving these huge career goals is that we often don’t know what to do next. You see, once the celebrations come to a close, many people begin to notice their anxieties creeping in,…
A milestone of making partner is paying the new partner buy-in fee. However, with such a huge sum of money, this can be quite a nerve-wracking step (especially since it may require you to take out a mortgage-sized loan *gulp*). To help ease any worries when it comes to the buy-in process, here is everything…
Does anyone really do their due diligence on a firm before buying in? If you are like nearly every other person in professional services, the day you get offered partnership will be one of the best days of your career. What you won’t be thinking about when the offer comes through is, “how solvent is…
When you admitted to the partnership as an equity partner, whether fixed share or full equity, you will be asked to make a large capital contribution to your firm. This means that you need to do your due diligence on your own firm, before formally accepting the offer of partnership. One of the areas of…
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