#95: The BigLaw Blind Spot: What Many Partners Don’t Understand About PEP

Listen here: The BigLaw Blind Spot: What Many Partners Don’t Understand About PEP

PEP is the metric that many in the law firm industry often look to in examining a firm’s prestige. It also garners a ton of press coverage in AmLaw and other industry publications. And most equity partners in BigLaw know it can be a critical metric that affects their compensation. But the fact is most partners - whether equity or non-equity - have no idea how PEP actually works, or how their own actions affect it. So, until they do they won’t know how to better gauge how it is also going to impact them, and how they can work to improve it.