Timothy B Corcoran, Polina Pavlova, Nina Gray, August Aquila, John Chisholm, Paul Lippe, Dan O'Day, Rebecca Holdredge, Arthur G Greene, Simon Nash, Benjamin Viney

Compensation Innovation (eBook, ePUB)

An in-depth exploration into the future of law firm compensation
Redaktion: Davies, Alex

• Format: ePub

Produktbeschreibung

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.

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Produktdetails

• Verlag: Globe Law and Business
• Seitenzahl: 100
• Erscheinungstermin: 31. Juli 2021
• Englisch
• ISBN-13: 9781787426726
• Artikelnr.: 62948529

Autorenporträt

Timothy B. Corcoran Senior executive. Noted speaker and columnist and the author of Corcoran's Business of Law blog August Aquila Internationally known speaker, consultant, and author John Chisholm Consultant, John Chisholm Consulting Paul Lippe Paul Lippe is the CEO of Legal OnRamp Dan O'Day Vice president, sales and client services, American LegalNet Rebecca Holdredge Chief operating officer, Decipher Arthur G. Greene Principal, Boyer Greene LLC Simon Nash Director, Insight Limited and formerly global human resources director at Carey Olsen. Benjamin Viney Director of talent and rewards, Willis Towers Watson Polina Pavlova Consultant, Willis Towers Watson Nina Gray CEO, Gray Legal Search

Inhaltsangabe

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