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Managing Partner

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Salary and Benefits

Managing Partner
$108K-$132K / yr. (est.)
$109K
$120,639 / year
$133K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Managing Partner

What does a Managing Partner do?
Entrepreneurs shaking hands after agreement
Young woman shaking hands with boss after business presentation

As Managing Partners, we determine the firm's structure, establish, communicate, and enforcing values, policies, and procedures. We establish the firm's organizational strategies by contributing opinions and substantiation to its strategic thinking and direction.

Core tasks:

  • evaluating trends, defining necessary measurements, and establishing quality, production, and customer-service strategies
  • forecasting, anticipating needs & trends, distributing monetary resources, and evaluating results
  • creating a known and positive image of the firm by building relationships, maintaining credibility, and providing information regarding legal issues
  • generating revenue by pleasing and attracting customers

Insights

Professional Growth

How Many Years of Experience Do Professionals Need Before Becoming Managing Partner?
On average, people work 7+ years in other positions prior to becoming a Managing Partner.
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Associate AttorneyMiami, FL - A year ago
7+ years? Are you kidding me?! That's practically a decade of my life spent in other positions! This is so frustrating! 😡
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Junior PartnerSan Francisco, CA - A year ago
7+ years of grinding it out before becoming a Managing Partner? That's too much time wasted. I need a shortcut! 😤

Professional Growth

How Long Do Managing Partner Employees Typically Stay in Their Roles?
On average, Managing Partners works in this position for 5+ years across multiple employers.
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HR ManagerHouston, TX - A year ago
I believe the extended tenure demonstrates adaptability and versatility in handling complex workplace dynamics as a Managing Partner. 💼
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Insurance Agency OwnerMiami, FL - A year ago
Managing Partners change employers often, indicating a lack of commitment or inability to build long-term successful partnerships. 😒

Professional Growth

What Is the Job Hopper Score for Managing Partner Employees?
Moderate job changes in Managing Partner, showing some career movement without excessive turnover.
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HR ManagerHouston, TX - A year ago
High turnover due to excessive job changes can create recruitment challenges and hinder team cohesion. 🙅
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Marketing CoordinatorMiami, FL - A year ago
I think it largely depends on the individual's motivation and dedication to the position. Action is the key! ✨

Career path

Path to job

Fields of study

Discover a Managing Partner's areas of knowledge sorted by their majors.

Top educational institutions

Explore the list of higher education institutions that a Managing Partner typically studied at.
Harvard Business School
The University of Texas at Austin

Path after job

Community

Demographics

Culture & Values

What Is the Age and Gender Ratio of Managing Partner Employees?
Gender ratio in Managing Partner position: 0.838711812065733 Male and 0.161288187934267 Female. Age ratio in Managing Partner position: 16-20: 3%, 21-30: 27%, 31-40: 33%, 41-50: 23%, 51-60: 11%, 60+: 3%. Managing Partner position is predominantly male (83.9%) with the largest age group being 31-40 years old, followed by 21-30 years old.
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Managing PartnerMiami, FL - A year ago
This is outrageous! We need to break the glass ceiling and see more diversity in this position! 💪
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Managing PartnerSan Francisco, CA - A year ago
It's disheartening to see such a lack of representation for women in power. We need change! 👩

Workplaces

Professional Growth

Who Are the Top Employers for Managing Partner?
Top employers of Managing Partner position: Longhorn Steakhouse, New York Life, Outback Steakhouse. People who work in Managing Partner position most typically go on to work for the Longhorn Steakhouse.
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Managing PartnerMiami, FL - A year ago
🤦 Wow, I guess according to this graphic, my managing partner role could lead me to flipping steaks at Outback Steakhouse. What a joke!
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Managing PartnerDenver, CO - A year ago
🤷 I can't wrap my head around the idea that managing partners end up at Longhorn Steakhouse. Seems like a strange career transition to me!
Longhorn Steakhouse
New York Life
Outback Steakhouse

Professional Growth

What Industries Does Managing Partner Typically Have Experience In?
Industry Background: The most typical industries of Managing Partner: Professional / Scientific / Technical, Finance & Insurance, Information Technology, Administrative & Support, Manufacturing. Managing Partner employees most likely come from a Professional / Scientific / Technical industry background.
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Managing PartnerHouston, TX - A year ago
🙄 It's easy to talk about working long hours, but as a Managing Partner in the professional services industry, let me tell you, the stress is unimaginable. Constantly juggling clients, budgets, and employee issues is anything but glamorous.
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Managing PartnerMiami, FL - A year ago
man, bet being a managing partner in the administrative industry ain't too exciting either, better have some good organizational skills if you wanna last lol 😅

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Discussion about Managing Partner

Want to know more about Managing Partner position?
Share your thoughts and ideas about Managing Partner position with others in our community.
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Is Managing Partner a female or male dominated profession?
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Isabella Holmes3 years ago
15% are women in this profession only.
What is the most common age of a Managing Partner?
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Benjamin Gardner3 years ago
People working as a Managing Partner are 37 old on average.
How much experience do you need to work as a Managing Partner?
avatar-of-creator
Sophie Hayes3 years ago
You should work for 7 years on average to become a Managing Partner.
Which industries are highly likely to employ a Managing Partner?
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Benjamin Gardner3 years ago
Professional / Scientific / Technical employs the most.
Speaking of higher education, do I need a degree as a Managing Partner?
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Isabella Holmes3 years ago
A Bachelor of Science degree could not hurt if you want to be a Managing Partner
Which company are you working for as a Managing Partner?
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Sophie Hayes3 years ago
Longhorn Steakhouse, New York Life, Outback Steakhouse and Texas Roadhouse has the most employees.
How many years of experience as a Managing Partner is needed in average to switch to another position?
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Sophie Hayes3 years ago
A Managing Partner typically changes positions after more than 5 years.
How common is it for a Managing Partner to jump from company to company?
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Benjamin Gardner3 years ago
A typical Managing Partner might work for one or two companies.
From which job titles people come from to work as a Managing Partner?
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Isabella Holmes3 years ago
Typical prior positions for a Managing Partner are Vice President, Managing Director or Principal
If I’m working as a Managing Partner, what next position could I have?
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Benjamin Gardner3 years ago
Managing Director, Vice President or Board Member can be a good next step
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Disclaimer

informationLENSA generates certain information provided on this website by compiling and analyzing publicly available data and data from employees/former employees. All company names are the registered trademarks of their original owners. The use of any trade name or trademark does not imply any association with the third-party company. None of the information provided is endorsed in any way by any of the companies mentioned. We do not guarantee the accuracy, currency, or suitability of this information (including regarding demographics or salary estimate) and you are responsible for how you use it. ALL INFORMATION IS PROVIDED “AS IS” AND “WITH ALL FAULTS”. We are not responsible for nor endorse third party content on our website. If you notice any inaccurate information or information you think is proprietary you can email us at [email protected]. See our Terms and Conditions and Community Guidelines for more information.
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