Career guide

What does a managing partner do?

Founder, LawFirmHires
October 2026 5 min read

At a glance

A partner first, a manager on top

Role in one line

Runs the firm's business

Core files

Strategy, finances, people

Still a lawyer?

Yes; client load varies by firm

July 29, 2024 · advisory, binds no state

ABA Opinion 512 on AI policy

Names managerial lawyers

A managing partner is the partner who leads a law firm — the lawyer accountable for how the business runs: strategy, finances, hiring and day-to-day operations.

It is a management job layered on top of a legal career, not a separate profession.

This page covers what the role involves at a law firm, how partners choose a managing partner, and how it differs from a name partner or a chair.

Managing partner vs name partner vs chair

The three titles get used loosely, but they answer different questions.

A name partner is a partner whose surname is part of the firm's name — a distinction on the letterhead, not a job description.

The managing partner is a job: the partner who runs the firm's operation.

One person can hold both; the name tells you about the letterhead, the managing title tells you about the org chart.

The chair is a governance title: the partner who leads the partnership itself, chairing partner meetings or a firm-wide board.

Where a firm separates the roles, the chair speaks for the partnership's direction while the managing partner runs the business day to day.

A firm can also fold both into one person, or use only one of the two titles.

Where does the managing partner sit in a career?

At the leadership end of the law firm partner ladder — an assignment a partner takes on inside the firm's own partnership, not a separate profession beside it.

Looking for law firm partner jobs? Browse open positions →

Responsibilities: strategy, finances, people

The managing partner's job is running the business the other partners practice inside.

The work falls into three files that pull against each other:

  • Strategy. Where the firm grows next: which practice areas to build or wind down, which clients to pursue, which lateral partners to recruit, whether to open or close an office.
  • Finances. Rates, budgets, collections and the compensation system — the machinery that turns the partnership's revenue into the partners' income.
  • People. Hiring and evaluating associates, developing staff, settling disputes between partners, and setting the policies everyone in the firm works under.

That last file is more than housekeeping, because ethics guidance speaks to firm policy too.

ABA Formal Opinion 512 (July 29, 2024), the American Bar Association's ethics opinion on lawyers' use of generative AI, says managerial lawyers must set clear firm policies on which uses of the technology are permissible — and that supervisors must make sure lawyers and staff comply with those policies and are trained.

Set the policy, make the training happen, check that it stuck: the opinion names managerial lawyers and supervisors, and a managing partner is both.

The opinion interprets the existing Model Rules rather than creating new ones, and ABA opinions bind no state — each state's own adopted rules are what govern.

How managing partners are chosen

There is no single mechanism.

Depending on the firm's governance, the managing partner may be chosen by a vote of the full partnership, appointed by an executive or management committee, or continue from a founder's or senior partner's existing leadership.

The question surfaces at recognizable moments: a founding partner planning succession, growth that has outgrown informal management, or a sitting managing partner ready to step down.

Where a firm sets a term, the role runs for that period and the partnership renews it or hands it on when the term ends.

Handing over the title ends the management job, not the partnership — the partner stays in the partnership the role was layered onto.

Where the position is open-ended instead, the handover mechanics live in the firm's partnership agreement rather than a fixed calendar.

For a partner deciding whether to put their name forward, the honest self-check has three parts: whether their practice holds clients' trust, whether the other partners respect them, and — the real gate — whether they want the administration.

The skill set is business management rather than advocacy, and willingness matters as much as the résumé: a partner who does not want the administrative workload is better off saying so.

Do managing partners still practice law?

The title does not end the partnership or the law license: a managing partner stays a partner and a lawyer, with the same professional obligations as any other lawyer in the firm.

How much client work continues alongside the management job is a firm-by-firm choice — our research found no data on how firms usually split the two.

Where the partner keeps a practice, the balance is the hard part.

Client work does not pause for budget season, and management work does not pause for trial prep.

How a firm handles the collision — a deliberately smaller client load, protected management time, or delegation to the firm administrator — decides whether the role is sustainable.

What changes when a partner takes the title is margin, not identity: the partnership and the license stay.

The managing title adds a second job; how far it crowds out the first depends on the firm.

Working with the firm administrator

In firms large enough to employ one, law firm administrators run the business side the managing partner oversees — finance, human resources, facilities, systems — so the partners can practice.

A workable division of labor: the managing partner sets direction and makes partner-level calls, and the administrator executes them day to day.

Without that hire, the work sits on the managing partner's own desk.

Where to find law firm partner jobs

Partner-level hiring is its own market.

For a lateral partner move, common channels include legal recruiters and direct conversations between firms; inside a firm, the managing role starts where the partner track ends — the title belongs to a partner.

Law firm partner jobs on this board are listed next to the staff roles a partner would lead, on a board built only for law-firm jobs.

Listings change as firms post, so check the board for what is open now rather than any snapshot.

Career information, not legal advice — for how the ethics rules apply inside a specific firm, the right stop is the firm's own counsel or its state bar's ethics counsel.

What Law Firm Partner Job Listings Show Right Now

From the 87 active law firm partner listings on LawFirmHires as of October 8, 2026.

Open listings
87
law firm partner jobs
Employers hiring
19
firms and other employers
Posted in last 14 days
15
new listings
States with openings
20
with open listings

Where the openings are

Pay employers post

  • 3% of law firm partner listings state any pay at all.

Benefits and work arrangement

  • 6% remote and 14% hybrid; the rest are on-site
  • Health Insurancenamed in 49%
  • 401k Matchnamed in 45%
  • Dental & Visionnamed in 43%
  • PTO / Paid Time Offnamed in 31%
  • Profit Sharingnamed in 17%

Source: active law firm partner listings on LawFirmHires, updated daily. Pay figures use only listings that state pay (midpoint of each posted range). Benefits count listings that name the benefit; a listing that doesn’t mention one may still offer it.

Browse 87 jobs →

Frequently Asked Questions

Is a managing partner the owner of the firm?

In the traditional partnership structure, the partners own the firm: equity partners hold ownership shares and share the profits.

The managing partner is one of those partners who also runs the firm — the title describes a job, not an ownership class.

Ownership is set by the partnership agreement, not by who holds the managing title.

Who is above a managing partner?

It depends on the firm's governance.

Where a firm separates the titles, the chair — or a board drawn from the partnership — sits above the managing partner, who reports to it.

Where the managing partner is the top officer, final authority still rests with the partnership itself, which votes on the biggest decisions and can replace its leadership.

Do managing partners earn more than other partners?

Firms set managing-partner compensation in different ways: a premium on top of the partner's profit share, a reduced share to reflect less client-facing time, or no separate adjustment at all.

What is being paid for is management work that is not client billable.

The specifics live in each firm's partnership agreement.

Is a managing partner like a CEO?

It is the closest role a partnership has to a chief executive — one person accountable for the whole operation.

The difference is structural: a law firm's authority flows through its partners rather than a corporate board, so a managing partner leads on the partnership's mandate, answers to it, and can be replaced under the terms the partnership sets for itself.

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