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Ownership Structure in Professional Service Firms: Partnership versus Public Corporation

By: Ashish Nanda
  • Format:Print
  • | Pages:9
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Abstract

This case reviews the relative merits of partnership and public ownership structures in professional services firms. It also evaluates the various rationales for converting partnership professional services firms to publicly owned firms. Finally, the case highlights the leadership challenges associated with making conversions from partnership to public structure successful.

Keywords

Private Ownership; Transition; Partners and Partnerships; Public Ownership; Service Industry

Citation

Nanda, Ashish, and Lauren Prusiner. "Ownership Structure in Professional Service Firms: Partnership versus Public Corporation." Harvard Business School Background Note 905-038, October 2004. (Revised July 2006.)

About The Author

Ashish Nanda

Strategy
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