Despite the common assumption that “more money would solve all our problems,“ even highly profitable law firms grapple with partner compensation challenges. This program cuts through rumor and allegedly conventional wisdom to explore established and emerging challenges in partner pay. Participants will gain practical insights and proven (sometimes unexpected) strategies to create long-term partner satisfaction and drive firm profitability. Bring your specific compensation questions for our breakout segment, followed by an interactive Q&A session.
Learning Objectives:
- Understand why conventional wisdom regarding financial incentives may not always lead to effective partner compensation solutions.
- Look at both historical and emerging challenges in law firm partner compensation and evaluate proven strategies (including unexpected approaches) for achieving long-term partner satisfaction, and profitability.
- Develop a framework for evaluating and adapting different partner compensation models to align with the firm's specific goals, culture, and strategic priorities.
The content of this program does not meet requirements for continuing legal education (CLE) accreditation. You will not receive CLE credit for participating.