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Non-equity partner: A law firm employee who has been promoted from associate to a tier of partnership in which the lawyer does not share in the profits or capital of the firm; this position is often an intermediate step toward full equity partner."

Non-equity partner: A law firm employee who has been promoted from associate to a tier of partnership in which the lawyer does not share in the profits or capital of the firm; this position is often an intermediate step toward full equity partner."

A nonequity partner has no claims to ownership of the business; instead, they receive compensation in the form of salaries and performance bonus. Depending on the company, they may or may not have voting rights or serve on partner committees.

Non-Equity Partners do not have the same job security as Equity Partners. Non-Equity Partners have more flexibility to where and how they want to work. Most Non-Equity Partners receive a salary instead of partnership distributions. Non-Equity maybe paid by W2 vs.

An equity investment is a piece of ownership of an asset or company -- such as stocks or your equity in your home, and a nonequity investment is one that doesn't reflect ownership. Nonequity investments are typically debt instruments such as bonds or bank deposits.

non equity partnership agreement

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