ALM Legal Intelligence

Survey of Compensation Programs in Law Firms

Description

Compensation is a key factor in the health of your law firm. And because the majority of every fee dollar goes to lawyer compensation, it should be an issue that concerns all firm leaders. The most profitable firms know how to handle compensation decisions and understand how to use compensation methodology as a critical component of their management processes.

The Survey of Compensation Programs in Law Firms, 2009 Edition is designed to help firms benchmark and review their compensation programs. The Survey monitors the methods and criteria law firms use to make compensation decisions and reports on the make-up of the compensation decision-makers. Additional compensation system information is provided for non-lawyers, including paralegals and support staff.

When ordering, 2009 Survey participants should call Customer Service at (888) 770-5447 to receive their special participant pricing of 20% off.

Published triennially.

Product Details

• Compensation system documentation
• Origination credits
• Compensation committee
• Second class of partners/shareholders
• Salary distribution cycles
• Profit distribution cycles
• Compensation components
• Associate bonuses (signing and performance)
• Associate salaries
• Associate payroll cycle
• Paralegal bonuses
• Exempt staff bonuses
• Staff payroll cycle

• Owner
• Associate
• Paralegal
• Exempt staff
• Non-exempt staff

• Form of organization (Partnerships, PC/PA, LLC/LLP)

• Current publication date: March 2009
• Questionnaire available: September 2008
• Questionnaire due: December 2008
• Next publication date: March 2012