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Associate partner vs partner

The differences between associate partners and partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an associate partner, becoming a partner takes usually requires 8-10 years. Additionally, an associate partner has an average salary of $145,385, which is higher than the $76,119 average annual salary of a partner.

The top three skills for an associate partner include digital transformation, analytics and cloud. The most important skills for a partner are patients, customer service, and healthcare.

Associate partner vs partner overview

Associate PartnerPartner
Yearly salary$145,385$76,119
Hourly rate$69.90$36.60
Growth rate10%10%
Number of jobs32,40545,758
Job satisfaction-1
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 59%
Average age4639
Years of experience410

What does an associate partner do?

The job of an associate partner is similar to that of a partner. An associate partner will report to the partner and work to build strong client relationships and understand their concerns. You will typically perform various duties that include handling the partner's daily activities, monitoring the accounting procedures, and maintaining the confidentiality of the client's information. As an associate partner, you also have to advise on corporate governance and business reorganization and conducting assessments of in-house platforms that include evaluating portfolio accounting systems and client delivery.

What does a partner do?

A business partner is responsible for providing strategies and recommendations on how the business will operate, increasing its revenues while sharing profits. Business partners must have extensive knowledge of how the current market industry works to identify the best decisions for the business. A business partner should also be engaged in suggesting new services and offers that the company might consider for its clients. Business partners must also keep the confidentiality of their partnering business administration at all times.

Associate partner vs partner salary

Associate partners and partners have different pay scales, as shown below.

Associate PartnerPartner
Average salary$145,385$76,119
Salary rangeBetween $84,000 And $250,000Between $31,000 And $182,000
Highest paying CityCambridge, MANew York, NY
Highest paying stateMassachusettsNew York
Best paying companyMcKinsey & Company IncSidley Austin
Best paying industryProfessional-

Differences between associate partner and partner education

There are a few differences between an associate partner and a partner in terms of educational background:

Associate PartnerPartner
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Georgia

Associate partner vs partner demographics

Here are the differences between associate partners' and partners' demographics:

Associate PartnerPartner
Average age4639
Gender ratioMale, 66.4% Female, 33.6%Male, 62.3% Female, 37.7%
Race ratioBlack or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 7.8% Asian, 6.4% White, 75.6% American Indian and Alaska Native, 0.3%Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage10%10%

Differences between associate partner and partner duties and responsibilities

Associate partner example responsibilities.

  • Lead services solution design for a medical image cloud computing solution to manage volume and improve disaster recovery.
  • Plan and manage the logistics around bi weekly team meetings, and bi annual team retreats.
  • Work closely with the CIO and business leads on timelines, documentation standards, and rollout processes.
  • Manage portfolio of projects for a financial institution, including archive messaging, cloud migration, reference data, compliance appl.
  • Lead development of security architecture policies and procedures for IBM security practice.
  • Develop a state-of-the-art content management architecture to manage and share content across multiple departments.
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Partner example responsibilities.

  • Negotiate interim management agreement for LLC on behalf of managing member in dispute with several other members who invest in company.
  • Operate and manage a boutique technology and business consultancy with nationwide operating breadth.
  • Practice all aspects of intellectual property law and manage this boutique intellectual property law practice.
  • Accomplish matrimonial and defense litigation interrogatory consolidation, memos, motions and other court filings for senior partner.
  • Manage cost-centers and leverage unique Indian production and post- production capabilities and position the company as a prefer production partner.
  • Design and deploy advanced lightweight information technology solutions, including POS, inventory management, and production-base systems.
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Associate partner vs partner skills

Common associate partner skills
  • Digital Transformation, 19%
  • Analytics, 13%
  • Cloud, 9%
  • Portfolio, 9%
  • Account Management, 6%
  • Client Relationships, 5%
Common partner skills
  • Patients, 16%
  • Customer Service, 14%
  • Healthcare, 8%
  • Patient Care, 7%
  • Project Management, 5%
  • Catheter, 5%