Credit: Feodora/Adobe Stock Misaligned Compensation Drivers Are at Odds With Future Law Firm Leaders
Law firms risk missing out on an already-short list of leadership candidates without rewards and incentives that are directly linked to leadership goals.
October 12, 2023 at 01:58 PM
6 minute read
Law firms are tweaking partner compensation in response to competitive pressures. And certainly, some firms have taken steps to recognize nontraditional compensation criteria such as collaboration. But on the whole, compensation drivers have largely remained unchanged since comp plans were first developed.
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