Author(s):  Ashish Nanda, Lauren Prusiner
Product Number:  HLS 08-09
Publication Date:  April 27, 2010
Length:  10 pages
Cost per Copy:  $10.00

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Abstract
This note reviews the relative merits of partnership and public ownership structures in professional service firms (PSFs). It also highlights the leadership challenges associated with making conversions from partnership to public structure successful.

Learning Objectives
The note encourages participants to discuss the reasons for, and implications of, professional service firms converting from a partnership to a public corporation.

Subjects Covered
Corporate Structure
Leadership
Change Management

Setting
Geographic: United States
Industry: Professional Services
Event Year Begin: 2010