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Wildy’s Book News

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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Compensation Design for Law Firms

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ISBN13: 9781783581054
Published: February 2014
Publisher: Ark Group
Country of Publication: UK
Format: Paperback (68 pages)
Price: £145.00

Despatched in 3 to 5 days.

For the first time in several decades, a comprehensive rethinking of how legal work is priced and staffed and how lawyers should be evaluated and compensated is underway.

Determining a firm’s compensation scheme is a difficult and complex task - Compensation Design for Law Firms - provides partners, senior management, individual lawyers and those involved in compensation decisions, with a complete understanding on:

  • How a law firm can align a compensation system with strategic goals;
  • How to align profitability and compensation plans;
  • How to align compensation with client priorities; and
  • How different pay for performance schemes can be used.