Compensation Innovation: An In-depth Exploration into the Future of Law Firm Compensation

Legal Profession

Compensation Innovation: An In-depth Exploration into the Future of Law Firm Compensation

By Alex Davies
Ark Group March 2018

Specifications

ISBN-13
9781783583188
Publisher
Ark Group
Publication
March 2018
Format
Paperback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

Commentators have argued for many years that law firms need to move forward from their traditional, seniority-based compensation systems.

But it’s not enough to simply add performance-related elements at the edges of these. Shifting generational-based attitudes; changing career aspirations; increasingly demanding clients; and pricing innovation and development in the range of benefits that can be offered (both financial and non-financial) all conspire to urge firms to rethink how their compensation system operates at all levels, across the whole firm.

By reviewing these emerging factors, Compensation Innovation: An in-depth exploration into the future of law firm compensation aims to inspire law firms towards future proofing their compensation systems so that they continue to deliver results as their partnerships age. Exploring also the interplay between compensation and succession planning, and compensation and lateral hiring, the authors keep one eye to the future.

Table of Contents

Summary
About the authors
Chapter 1: Why we need to reward people differently
August J. Aquila, principal, AQUILA Global Advisors LLC
Chapter 2: Compensation in a timeless practice
John Chisholm, consultant, John Chisholm Consulting
Chapter 3: Common metrics, common methods, and common success – how in-house lawyers and firms can work better together by aligning law firm compensation with client success
Paul Lippe, Advisory Board, Elevate Services and former CEO of Legal OnRamp
Chapter 4: Staying in the race – why top firms pay so much for associates (even though they lose money on it)
Dan O’Day, vice president, sales and client services, American LegalNet
Chapter 5: Lateral hire compensation – managing risk vs reward
Rebecca Holdredge, chief operating officer, Decipher
Chapter 6: Associate compensation structures that appropriately reward associates and promote the goals of the firm
Arthur G. Greene, principal, Boyer Greene, LLC
Chapter 7: Reward today or invest in tomorrow? Aligning partner behaviors with the long-term health of the firm
Timothy Corcoran, principal, Corcoran Consulting Group, LLC
Chapter 8: Evolve AND innovate – how law firms need to change in order to keep their reward strategy fit for purpose
Simon Nash, director, Insight Limited and formerly Global HR Director at Carey Olsen
Chapter 9: Adopting a total reward approach and segmenting the firm’s offering to reflect different employee preferences
Benjamin Viney, director of talent and rewards, and Polina Pavlova, consultant, Willis Towers Watson
Chapter 10: Work–life balance and flexible working – who benefits the most, employer, employee, or both?
Nina Gray, CEO, Gray Legal Search
HKD 2,646.00

Inclusive of HK delivery

Ready to ship
Delivery Time: around 4-5 weeks
Extra 10 working days if shipping address outside Hong Kong
  • Free HK shipping over HK$1,000
  • International shipping to 35+ countries
Order Form
Save

Recommended

You may also be interested in these books:

More titles from Legal Profession

View all
Law Librarianship Practice: Challenges and Opportunities in Law Firm, Government, and Academic Law Libraries
Bloomsbury Professional (formerly Tottel Publishing)

Law Librarianship Practice: Challenges and Opportunities in Law Firm, Government, and Academic Law Libraries

Ellyssa Kroski
HKD 759.51
Bundled Set: The Essential Legal Skills Set
Oxford University Press

Bundled Set: The Essential Legal Skills Set

James Penner; S.I. Strong; Steve Wilson; Pillip Kenny
HKD 416.13
Private Client Practice: An Expert Guide 2nd Edition
Ark Group

Private Client Practice: An Expert Guide 2nd Edition

Laura Slater
HKD 532.00
Trial Techniques and Trials, 10th Edition
Aspen Legal Education

Trial Techniques and Trials, 10th Edition

Thomas A. Mauet
HKD 1,460.00
Legal Studies: The Journal of the Society of Legal Scholars - Online Only
Cambridge University Press (Journals)

Legal Studies: The Journal of the Society of Legal Scholars - Online Only

Imelda Maher; Blanaid Clarke; Fiona de Londras; Colin Scott
HKD 4,216.10
Smart Collaboration for Lateral Hiring: Successful Strategies to Recruit and Integrate Laterals in Law Firms
Globe Law and Business

Smart Collaboration for Lateral Hiring: Successful Strategies to Recruit and Integrate Laterals in Law Firms

Dr Heidi K Gardner; Anusia E Gillespie
HKD 857.48