Document Type

Article

Publication Date

10-2019

Abstract

This article surveys three broad models of income and expense allocation regarding law firm compensation for partners: the true partnership model; the modified partnership model; and the eat-what-you-kill model. The goal is for young lawyers to understand the fundamental differences among these compensation models even as there are myriad ways to allocate income and expenses.

Publication Title

The Journal of the Kansas Bar Association

Volume

October 2019

First Page

18

Last Page

20

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