Professional partnerships have unique challenges. The partners are each responsible for the performance of their own and their associates' professional services, with associated quality control, professional liability, client attraction and service, and cultural challenges.
This is the nature of being in a professional partnership: everyone is expected to manage their part of the practice, perform and bill for their services, and attract new business.
Predictably issues of control often arise: not naturally hierarchical entities, the strongest personalities frequently dominate the partnership experience.
Furthermore, professional partnerships are not valued based on multiples of cash flow and other economic factors: the personal nature of the services provided can be a limit, particularly when liquidity of partnership interests and other exit strategies are being considered.
The "Advantage of Constructive Engagement" for partnerships provides a unique framework to anticipate and proactively harness the inevitable intra- and interpersonal conflicts in order to focus on success.