Advisory Service
Governance effectiveness assessments
We assess whether decision-making structures and governance processes are operating with the rigor the role demands.
Ensuring governance structures remain effective under practical pressures
01
Structural ambiguity
Unclear governance boundaries slow decision-making and create confusion over who holds authority in critical situations.
02
Unclear decision rights
Partners and leaders operate without well-defined mandates, increasing conflict and reducing the firm’s ability to act decisively.
03
Concentrated influence
Power held by too few individuals reduces partner confidence, limits accountability and creates fragility in leadership transitions.
Our approach
Examine practical operations
We assess how decision-making and oversight operate in practice, not just on paper.
Determine structural support
We evaluate if existing models support timely decision-making and strategic execution.
Clarify governance trade-offs
We bring clarity to the trade-offs that emerge as your partnership evolves.
Design capable systems
We help design governance systems capable of functioning under real partnership pressure.
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Their assessment revealed structural ambiguities and helped us design a governance system that supports timely decision-making under real partnership pressure.
Independent Profit-Sharing and Governance Advisory
Profit-sharing sits at the center of partnership economics because it determines how value is recognized, allocated, and sustained across the firm. We advise managing partners, leadership teams, and remuneration committees on whether the existing profit-sharing system continues to support the partnership’s strategy, performance expectations, and long-term goals.
01
We examine behaviour, collaboration, and succession
Our work examines how profit-sharing structures influence partner behaviour, investment opportunities, partner collaboration, succession, lateral integration, and the firm’s ability to retain and motivate high-performing partners over time.
02
We assess balance and unintended consequences
We assess whether current models create the right balance between individual contribution, collective performance, and firm-wide stability — or whether the system is beginning to generate unintended economic or political consequences.
03
We bring deep expertise across partnership models
As a specialist advisory firm focused exclusively on partnerships, we bring deep experience across lockstep, formula-based, merit-based, hybrid, and evolving partnership models — helping firms navigate difficult trade-offs when growth, fairness, competitiveness, and governance must be balanced simultaneously.
“
We had known for some time that our profit-sharing model was generating tension at the partnership table — but we lacked the language and the evidence to address it without making things worse. For the first time, our remuneration committee had a framework it could defend, and our partners had a process they could trust.
Related areas of work
Profit-sharing and governance advisory connects closely with partner compensation reviews, board advisory, and succession planning.
Partner compensation reviews
Data-driven assessment of how partner compensation drives sustained profitable growth, values and partnership cohesion.
Learn moreBoard advisory
We bring an independent, forward-looking perspective to managing partners, boards and compensation committees in a period of profound uncertainty.
Learn moreLeadership and succession
We advise partnerships and founder-led firms on succession planning and leadership transitions.
Learn more
MHPR Insights
MHPR
Insights
PodcastRead the reportRead moreEvolving partner remuneration committee governance podcast
Podcast: Evolving Partner Remuneration Committee governance
MHPR
Insights
ArticleRead the reportRead moreBalancing accountability, performance and partner remuneration
Balancing accountability, performance and partner remuneration
MHPR
Insights
ArticleRead the reportRead more10 tests of integrity in reward decision-making that every partner remuneration committee (RemCom) should consider.
10 Tests of integrity in reward decision-making
Ready to align profit-sharing with your partnership?
Whether you are redesigning allocation models or strengthening remuneration committee processes, we help leadership bring clarity, credibility and long-term cohesion to partnership economics.