17 Reasons to Find a Partner for Your Firm

There are a bunch of great things you get to do if you add a partner to your practice. You should find someone immediately and negotiate a partnership agreement so you can get things going.

Why?

Because with a partner you can:

1. Buy life or key person insurance on one another.

2. Have partner meetings instead of doing client work or marketing.

3. Buy a server since you now need to share files and communicate with one another online.

4. Debate who is using business resources for personal business.

5. Argue about who is working more.

6. Go to lunch together instead of lunching with referral sources.

7. Get close to staff members and build alliances against one another.

8. Argue over the split of profits.

9. Argue over what to buy for the firm.

10. Spend hours comparing your billables to his or her billables.

11. Complain about one another to random people.

12. Hear from others how your partner has been complaining about you.

13. Argue over where to locate the office.

14. Renegotiate the partnership agreement over and over.

15. Scream at each other in the hall while clients wait out front.

16. Go to “marriage counseling” to learn how to communicate.

17. Negotiate the dissolution.

Did I miss anything?

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