Market Areas > Practice Management > Associate Compensation

Associate Compensation: Remain Competitive without Breaking the Bank

Course Description:

So the sky’s the limit for associate compensation at your firm, right?  After all, you need to remain competitive in order to secure top talent. But are the lawyers you hook with high pay still swimming in your legal pond after five or ten years?

With associate compensation reaching $145,000 to 160,000 at major firms in 2007, you need to consider the economic impact your associate’s salaries have on firm revenue, profits, billing rates, and client satisfaction.  Specifically: 

• How much are your partners sacrificing to fund associate pay hikes? 
• How can you avoid the fallout created when partners are required to pay for associate salary increases? 

Get the answers to these questions and more in this invaluable CCM audio program.  In just 75 minutes, you’ll find out how your firm’s associate compensation package can remain competitive without breaking the bank. You’ll also learn how to:

• Enhance recruiting and retention using alternatives to cash
• Develop and implement merit driven systems, two-tiered partnerships, and other “non-traditional” compensation practices
• Move beyond billable hours as the main criteria for associate bonuses
• Alleviate common problems, like pay compression

This event will present a variety of information on associate compensation and is presented for each firm to develop its own approach and compensation methodology.

Featured Faculty:

Ronda Muir, Senior Consultant, Robin Rolfe Resources, Inc.

Ronda's expertise couples years of practicing law in the U.S. and Europe with advanced study in psychology and conflict resolution. She brings business-savvy, psychologically sophisticated evaluations of, and real-world solutions to, the organizational and personal dynamics issues that are unique to law firms and law departments. By enhancing these dynamics, she helps firms achieve the collaborative, energized culture that best supports lawyers and the clients they serve. She is a frequent speaker and has written numerous articles on issues such as diversity in the legal workplace and emotional intelligence.

Warren Smith, LL.B. , The Counsel Network®, Canada

A member of the Law Society of British Columbia, Warren joined The Counsel Network® in 2004, having previously worked at Bull, Housser & Tupper, one of Canada’s leading full service corporate law firms. The Counsel Network® isCanada’s leading national legal recruitment firm and the only Canadian recruitment firm which is a member of the National Association of Legal Search Consultants.

MONEY-BACK GUARANTEE:

We're so confident you'll get what you want out of this conference that we'll refund every penny if you're not completely satisfied. No questions asked! It's 100% risk-free!

Pricing:

Your CD recording includes the complete audio conference presentation, audience Q&A and presentation materials.

Each CCM event presents a variety of information and is presented for each organization to develop its own approach and methodology.