Different Incentives for AFA's - GC's vs. Managing Partners

GC's are incented by their shareholders to reduce costs and push AFA's, while managing partners are incented by their partners to run a profitable firm.

So given the current difference in incentives for GC's and Managing Partners, is there a way to reconcile the two points of view and come to some agreement for a mutual goal and appropriate incentives for both sides?

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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