02-13-2008, 10:20 PM
Astute,
You know our attitudes always give rise to such things. I am not excluding myself from its ambit.
It appears to be some conflict among partners. Since I am personally least concerned I did not poke my nose to know the exact reasons but as a general idea it was a conflict of taking/or not taking some one national partner from the position of a local partner.
National partners share total profits of the firm after providing for the profit share of the local partners. Whereas local partners share only the profits of a particular office.
Hope this will not hurt any one.
Regards,
Kamran.
