Seize a book! LPM's publishing division is the oldest in the ABA, and with more than 75 titles, it is also one of the largest. This month's selection:
Compensation Plans for Law Firms, Fourth Edition
Edited by James D. Cotterman, Altman Weil, Inc.
The new fourth edition of Compensation Plans for Law Firms examines the continually evolving compensation landscape and the concepts that will affect your law firm most. It offers complete and systematic guidance on how to establish workable plans for compensating partners and associates, as well as other contributors to the firm, like paralegals, clerical staff, and other professional staff members. It spells out, in a clear-cut way, how you can align your firm’s compensation plans with your culture, business objectives, and market realities.
The book explores the long-term shift away from single-employer careers and worker mobility, and how your firm can take advantage of this trend. Other key concepts such as value billing, tiered ownership, and deferred compensation are also considered.
The book also features valuable data from the leading legal consulting firm Altman Weil’s annual and triennial surveys on law firm performance and compensation, retirement and withdrawal, and compensation systems. Charts and graphs help you see where your firm stands in terms of salaries and bonuses, and it gives you detailed analyses of compensation plans for everyone in your firm.
Careful advance consideration is essential to the success of your compensation plan. Using this valuable reference you can develop a compensation plan that conveys fairness, simplicity, and flexibility and strike the perfect balance within your firm.
Order Compensation Plans for Law Firms, Fourth Edition online, or call 1-800-285-2221 and ask for product number 511-0507.
For more information on other books published by LPM visit our Online Catalog.
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