Program Details
On Demand

Partner Compensation: Developing Effective Compensation Plans



Content Partner:  Association of Legal Administrators (ALA)
Mobile Compatible
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Price: $129.00*
Member Price:  $129.00
This program is no longer available.

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Description:
Is your firm’s existing methods of partner compensation holding your firm back from realizing its potential? To achieve success, law firms must think strategically and provide incentives that support their goals. And in an increasingly competitive industry, law firms must structure partner compensation systems to not only reward top performers but one that also supports the implementation of the firm’s strategy.
 
Objectives:
  • Identify current best practices in structuring compensation systems
  • Analyze partner performance in the context of partner compensation structures
  • Align compensation with the strategic goals for the firm
  • Describe how to ensure the effective application of bonuses
 
CLM Credits: (Note that only the CLM credit available for this webinar is stated below. If a credit is not stated, it is not available for this program.)
 
  • CLMSM Recertification Credit: 1 hour in the subject area of Financial Management (FM)
  • CLMSM App 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.



Practice Areas: Accounting & Business of Law, Business, Finance, and Accounting, Hiring and Retention, Law Practice Management
Online Media Type: Video
Production Date: 02/18/2015
Level: Basic
Category: Standard
Duration: 1 Hours, 0 Minutes
Online Format: On Demand

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Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.

If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance.  Credit totals for other formats are for complete programs.  Partial credit is not available for any online or downloadable format. 

 

West LegalEdcenter will not provide accreditation for states not listed. 



This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing sales@westlegaledcenter.com.







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Accreditation:
CLM
ALA Certified Legal Manager
Total Credits: 1
Specialty Credits: 
Status: Accredited
Expiration: N/A
Training Type: Previously Recorded

West LegalEdcenter provides accreditation as described here. You may be able to self apply for credits in states not listed.

Check your state requirements and get contact information.
Speakers:
Lisa Smith - Office of Fairfax Associates, Washington, D.C.
Kristin Stark - Principal, Fairfax Associates
This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.


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