A Newer Approach for Compensating Non-Equity Partners
The Legal Intelligencer
Tuesday, September 11, 2012
During recent consulting assignments, managing partners of several law firms of all sizes have expressed their frustration with the fact that every year the total cash compensation paid to non-equity partners — those longer-tenured attorneys on track to become equity partners and those attorneys the firm is desirous of retaining but who do not satisfy all of the objective and subjective criteria to become equity partners at the present time — continues to increase, yet the latter's productivity and contributions to revenue remain about the same.
The Economics of Three Types of Lateral Hires
The Legal Intelligencer
Friday, June 1, 2012
Lateral movement of partners is a fact of life in the profession of law. We understand some moves succeed for the hiring firm, and others fail.
Proven Strategies to Effectively Implement the Two-Tier Partner Structure
The Legal Intelligencer
Tuesday, April 24, 2012
This article describes proven strategies that we have recommended to clients to effectively implement the two-tier partner structure.
Undercapitalization or Overdistribution? A Test of Leadership, Culture
The Legal Intelligencer
Wednesday, April 18, 2012
As some noteworthy large law firms struggle in an environment of financial stress, the reality of reduced, delayed or permanently missed partner distributions in self-proclaimed successful law firms has been revealed.
Values Issues to Address Before a Small-Firm Merger
The Legal Intelligencer
Thursday, April 12, 2012
"We're thinking about combining our firm of three lawyers with another small law firm. Do you have any guidance for us on what to consider in making our decision?"
Increasing Firm Profitability Without Billing More Hours or Raising Rates
The Legal Intelligencer
Tuesday, March 20, 2012
The new challenge for law firms today is how to increase profits and reduce clients' legal fees.
