Senior partner’s highest formal job title. Typically accountable for a firm’s overall practice, management and day-to-day operations. This job title is most used in accounting and law firms. In terms of duties and responsibilities, roughly equivalent to a corporation’s chief executive officer.

More On This Topic

Link to This Definition
Did you find this definition of MANAGING PARTNER helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary