Research On Improvement Of Partner Income Distribution System In J Law Firm

Nowadays,as for the mainstream partnership law firms,partners count the most from the perspective of human resources.The equitable income distribution between partners is playing a pivotal role in improving the quality of service and discharging their responsibility.Based on the systematic review on the income and fairness,income and incentive,and income and risks,the equity thoery,the hierarchy of needs theory and the risk control thoery have been employed to analyze four problems of the partners’ income distribution system of J Law Firm:the non-initiator partners drain and,neglect of the exclusive team expense,thoughtlessness of the differentiation among subsidiaries,and the lack of consideration for the identification of partners.Thereof,all these problems originate from overvaluing the initiator partners,the evenness of team expense,the universality of lockstep mode,and the performance evaluation instead of the risks.And then,four strategies are raised to to improve the partners’ income distribution system in the matter of balancing the rights of initiator partners and other partners,correcting the unfairness in the cost sharing,considering the subsidiaries’ characteristics in the lockstep mode distribution,and building up the risk controlling mechanism.The study can not only advise revising the partners’ income distribution system to improve the development of J Law Firm,but also can offer reference for other comprehensive law firms which own branch offices in second-third tier cities.