Let’s take a deep dive into both a firm’s partner mix and its compensation model.

In a Good to Great research study on high-performing organizations performed by Jim Collins, he concluded that the method of compensation, as a causal factor for high and sustained performance, is largely irrelevant. The study found that whatever system is in use, it simply must be rational and equitably managed and that high sustained performance is largely the result of doing many things well. Jim emphasizes that the key to high performance is having the right people on the bus. READ MORE