Using Profitability and Metrics to Re-Align Law Firm Culture and Compensation
Russ Haskin will lead an interactive discussion on how firms are altering the way they incentive partners to keep up with the ever changing legal landscape. Discover practical tips on how to avoid the pitfalls of cultural barriers which lead to inaction. Join in a real world case study illustrating the need for alternative ways to compensate partners.
See how legal managers can harness the power of data to understand what drives their firms and their partners.
After completing this session, participants should be able to:
- Determine the measures that drive their partners actions
- Illustrate the variances in common compensation models
- Explain some of the legal and industry downfalls associated with inaction
- Identify compensation triggers within their own firm
Directory, Business of Law Consulting
Russ Haskin is the director of business of law consulting at Wilson Allen. He advises hundreds of law firms across the globe, ranging from small boutiques to those within the Am Law 100. He has more than 15 years’ experience in consultative work and research, achieving recognition as an expert in profitability, matter management, alternative fee arrangements and partner compensation.
11:30-12:00 Networking and Registration
12:00 – 1:00 Program
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CLM® Application Credit for Functional Specialists: 1 hour in the subject area of Financial Management (FM) towards the additional hours required of some Functional Specialists to fulfill the CLM application.
CLM® Recertification Credit: 1 hour in the subject area of Financial Management (FM)