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This is a list of global law firms ranked by profits per equity partner (PPEP) in 2021. [1] Firms marked with "(verein)" are structured as a Swiss association . These are estimates and equity partners can make vastly different salaries inside the same firm.
Partner compensation varies considerably. A 2012 survey by Major, Lindsey & Africa found that law firm partners' average annual compensation [where?] was $681,000 ($896,000 for equity partners, $335,000 for non-equity partners) and tended to go up based on number of years in the partnership: [2] 5 or fewer years: $399,001; 6–10 years: $633,001
[61] [62] While he and other partners had been pitching McKinsey's consulting services to the Galleon Group, Kumar and Rajaratnam reached a private consulting agreement, violating McKinsey's policies on confidentiality. [63] Gupta was convicted in June 2012, of four counts of conspiracy and securities fraud, and acquitted on two counts. [64]
In 2023, McKinsey created about 250 partners, while the number was more than 400 in 2021. Many employees at major consulting firms view reaching the role of partner as the pinnacle of achievement ...
Sternfels joined McKinsey upon graduating from Oxford University in 1994. At the time of his election to managing partner in 2021, he led the firm's advanced analytics practice and was based in the firm's San Francisco office. [1] [8] [9] He had previously led McKinsey's operations practice in the US and its private equity practice globally. [10]
McKinsey previously told Fortune that the move was part of the company’s effort to “ensure our performance management and development approach is as effective as possible, and to do so in a ...
Sehdev is one of about 200 McKinsey employees promoted to partner this December. Amid a slowdown in demand for consulting services, this year's cohort is one of the firm's smallest in recent years.
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