The Partners are the column on which the functioning and destiny of the firm rest. It is also the more complex portion of the firm organization. Given that partners are owners and equals among them, it is not easy to find the balance that articulates the individual interests and objectives with a collective vision and strategy. But on that balance depends the firm´s success.
In FMC we help the partners in dealing with partnership issues in a productive way. The presence of an objective third party alien to the interests involved help to achieve a better dialogue and understanding of all parties. FMC offers its experience and backround in managing partnership matters, as well as access to the best practices in the international market.
We advise on matters such as:
- Capital structure of partnership. Cash calls and capital infusion. Financing structures.
- Partners´ compensation. Different systems and implementation. Transition schemes.. Economic and non-economic incentives.
- Partners´ performance evaluations. Meaning and objectives. Mechanics for implementation. Appointment of group responsible for the process.
- Succession and partners´ retirement. Alternatives and consecuences. Transition processes. Economic arrangements.
In all cases FMC helps with the analysis process to achieve consensus about the objectives sought with the proposed partnership structure. We then discuss various proposals and alternatives until a final result is reached. Once the structure is accomplished, we help the client with the implementation process based on the specific needs of each case.