Compensation Plans for Law Firms
Compensation Plans for Law Firms

Author: James D. Cotterman

Publisher: American Bar Association

Published: 2010

Total Pages: 196

ISBN-13: 9781604428193

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This newly updated fifth edition of Compensation Plans for Law Firms examines the continually evolving compensation landscape and the concepts that will affect your law firm most. You'll take an extensive look at the world of law firm compensation, including: -- Compensation theory --The art and science of compensation -- Partner and shareholder compensation -- Of Counsel compensation -- Associate Compensation -- Paralegal compensation --Staff Compensation -- Bonuses, increases, and incentives -- Debt, taxes, retirement, and withdrawal -- Evaluations, fairness and flexibility --And much more! Learn Where Your Firm Stands 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 on salaries and bonuses, and it gives you detailed analyses of compensation plans for everyone in your firm. Compare your compensation system to law firms across the country. This one volume provides you with your primary research source leading you to auxiliary sources for further information as appropriate. They can support your current compensation system, or help you reevaluate your current methods of compensation. 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.

Best Practices in Law Firm Business Development and Marketing
Best Practices in Law Firm Business Development and Marketing

Author: Deborah Brightman Farone

Publisher:

Published: 2019

Total Pages: 208

ISBN-13: 9781402431166

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Best Practices in Law Firm Business Development and Marketing is a unique resource for law firm leaders, practicing attorneys, legal marketers, consultants, and educators who want to uncover the best marketing practices in the legal profession. Find out how the most successful law firm leaders are creating and developing firm cultures to encourage business development, and how smaller firms and single practitioners are executing on marketing plans to make an impact.This book uncovers the best practices in the wide arena of legal marketing and covers topics including: the most successful ways to create long-term relationships with clientshow personalities, leadership, and collaboration contribute to a firm's culture and brandwhat characteristics management should look for when hiring a CMOhow compensation, firm culture, training, and coaching can support and incentivize business developmentsteps to take to build an individual reputation and brand, including the use of press, speaking engagements, and social mediathe essential approach to support women lawyers with business development -- including ideas on networking, mentorship versus sponsorship, and authenticity in marketing how new technologies are being applied to deliver better service, attract clients, and generate businessthe important role of legal operations, the procurement professional, and legal process outsourcingpractical methods for evaluating AI solutions to business needs such as billing, e-discovery, and technology-assisted reviewCulled from scores of interviews with law firm leaders, chief marketing officers, and legal innovation visionaries, Best Practices provides actionable advice and real-world thinking. Each chapter is filled with information that can be scaled to apply to a single-person law practice as well as a large international law firm. In addition, the book features special "Think Pieces" from some of the nation's leading experts in legal marketing.

Model Rules of Professional Conduct
Model Rules of Professional Conduct

Author: American Bar Association. House of Delegates

Publisher: American Bar Association

Published: 2007

Total Pages: 216

ISBN-13: 9781590318737

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The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

The Client-Centered Law Firm
The Client-Centered Law Firm

Author: Jack Newton

Publisher: Blue Check Publishing

Published: 2020-01-28

Total Pages: 314

ISBN-13: 9781989603321

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The legal industry has long been risk averse, but when it comes to adapting to the experience-driven world created by companies like Netflix, Uber, and Airbnb, adherence to the old status quo could be the death knell for today's law firms. In The Client-Centered Law Firm, Clio cofounder Jack Newton offers a clear-eyed and timely look at how providing a client-centered experience and running an efficient, profitable law firm aren't opposing ideas. With this approach, they drive each other. Covering the what, why, and how of running a client-centered practice, with examples from law firms leading this revolution as well as practical strategies for implementation, The Client-Centered Law Firm is a rallying call to unlock the enormous latent demand in the legal market by providing client-centered experiences, improving internal processes, and raising the bottom line.

Managing People in Today's Law Firm
Managing People in Today's Law Firm

Author: Bruce H. Charnov

Publisher: Bloomsbury Publishing USA

Published: 1995-07-24

Total Pages: 224

ISBN-13: 1567509681

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Despite clear evidence of a serious decline in morale, the major competitors in the law firm management marketplace have virtually ignored the motivational facet of current managerial theory and practice. As evidenced by a review of the literature dealing with law firm management, including major books, handbooks, and professional seminar outlines, there has existed until now no treatment of current management theory and practice as it pertains to law firms. In addressing human resources topics as they apply to the modern law firm, this book fills a genuine void in an area which is of major importance to law firms challenged to remain profitable in an increasingly hostile environment. Managing People in Today's Law Firm: The Human Resources Approach to Surviving Change provides a comprehensive treatment of critical aspects of modern management: motivation, communication, organizational culture, structure and strategy, power and politics, recruitment and training, the reward-performance-retention dynamic, performance appraisal, and planned change. Grounded in managerial theory and research, based on extensive practice, and exemplified by anecdotal war stories, this book makes valuable reading for partners, associates, managers, and future members of law firms—and offers important ideas for motivating members of all professional service firms. Intended for law firms and lawyers within them, solo practitioners who contemplate joining with others in a firm partnership, law school libraries, and general and professional association libraries including bar associations on the state and local levels.

Pay Without Performance
Pay Without Performance

Author: Lucian A. Bebchuk

Publisher: Harvard University Press

Published: 2004

Total Pages: 308

ISBN-13: 9780674020634

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The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders. Lucian Bebchuk and Jesse Fried demonstrate that corporate boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. They give a richly detailed account of how pay practices--from option plans to retirement benefits--have decoupled compensation from performance and have camouflaged both the amount and performance-insensitivity of pay. Executives' unwonted influence over their compensation has hurt shareholders by increasing pay levels and, even more importantly, by leading to practices that dilute and distort managers' incentives. This book identifies basic problems with our current reliance on boards as guardians of shareholder interests. And the solution, the authors argue, is not merely to make these boards more independent of executives as recent reforms attempt to do. Rather, boards should also be made more dependent on shareholders by eliminating the arrangements that entrench directors and insulate them from their shareholders. A powerful critique of executive compensation and corporate governance, Pay without Performance points the way to restoring corporate integrity and improving corporate performance.

Executive Compensation
Executive Compensation

Author: Michael S. Sirkin

Publisher: Law Journal Press

Published: 2023-09-28

Total Pages: 966

ISBN-13: 9781588520715

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Executive Compensation is an invaluable legal guide through the maze of rules, regulations and practices that govern corporate financial compensation for executive employees.

Physician Compensation Arrangements
Physician Compensation Arrangements

Author: Dan Zismer

Publisher: Jones & Bartlett Learning

Published: 1999

Total Pages: 248

ISBN-13: 9780834209930

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Consultants in the health-care industry offer advice on designing and managing a physician total rewards method in the context of integrated health care. They discuss such aspects as the effects of consolidation on physician compensation, issues across practice settings, equity as a component of tot

The Successful Lawyer
The Successful Lawyer

Author: Gerald Riskin

Publisher: American Bar Association

Published: 2005

Total Pages: 268

ISBN-13: 9781590315347

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This comprehensive and inspirational book explains how a lawyer can transform his or her life into a more exciting, fulfilling, and profitable one by taking control of his or her destiny. Riskin goes beyond simple concept or theory and delivers a book packed with concrete advice that lawyers can put to work right away.