Ed.
note:
Welcome
to
our
daily
feature,
Quote
of
the
Day.
There’s
a
difference
from
what
they
tell
their
partners
and
what
they
expect.
A
lot
of
managing
partners
want
to
be
conservative.
—
Blane
Prescott,
a
managing
partner
and
law
firm
consultant
at
MesaFive,
in
comments
given
to
the
American
Lawyer
on
what
law
firm
leaders
are
doing
to
manage
expectations
for
partner
compensation
and
budgets
going
into
2025.
While
many
are
“bullish”
about
the
year
ahead,
they
may
be
far
more
prudent
when
making
their
2025
budgets.
Staci
Zaretsky is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on
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and
Threads
or
connect
with
her
on
LinkedIn.