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How does The NLJ differentiate between equity and nonequity partners?

April 26, 2017equity nlj partners

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How does The NLJ differentiate between equity and nonequity partners?

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We count equity partners as those partners who receive a Schedule K-1 and receive no more than half their compensation on a fixed-income basis. Nonequity partners are not full participants in the firm’s profits, though they may have voting rights in firm matters.