Is your partner agreement stuck in the bottom of a drawer somewhere?

Most firms look at partner agreements even less frequently than their partner comp plan. The documents go into a file and rarely get any type of review. The result is that they don't keep pace with changes in our firms or in the profession.

We have experienced significant changes just recently. The future might not look anything like the past. Getting "back to normal" will never happen.

Adamson Advisory will help your firm work through a process to review your partner agreements. We will educate your partner group on current trends and help you address key issues such as mandatory retirement, client transition, firm value and retirement benefits.

We also have tools to assist you with new partner admission which includes how to handle lateral hires, how to structure a partner in training process, and how to establish a no-equity or low-equity partner position in your firm.

Gary Adamson is the CEO of Adamson Advisory, a CPA practice management consulting firm specializing in succession strategies, strategic planning, M&A, compensation, and partner agreements.