Amid Exits, FisherBroyles Develops Profit-Sharing Plan for 2024

Leaders of both FisherBroyles and a new spinoff firm are offering competing profit-sharing opportunities for their partners in addition to a majority of collections. That’s a departure from the usual practice of so-called distributed law firms offering only compensation formula systems for partners.

While few details have emerged publicly, FisherBroyles plans to make good on a long-awaited profit-sharing plan for partners at the beginning of 2024, complicating the stay-leave decision for partners with offers to join the new firm founded by recently departed leaders, according to several people privy to the developments.

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