William G Johnston

William G Johnston

September 01, 2017 | The American Lawyer

Law Firm Leader, Are You Protecting Your Firm's Future?

A look at the one leadership trait law firms often fail to look for—the ability to groom the next generation of leaders.

By William G. Johnston

7 minute read

February 26, 2001 | Law.com

Eliminate Lockstep Model and Reward Performance, Not Time Served

The past 15 months have seen a remarkable re-pricing of associate labor among large U.S. law firms. Beginning at the end of 1999, the firms began accelerating the rate at which they increased associate compensation. This trend literally moved at "Internet speed": Within three months, associates nationwide were deemed to be worth substantially more than they had been when hired.

By William G. Johnston and Joseph B. Altonji

11 minute read

December 11, 2006 | Connecticut Law Tribune

Law Firms Approaching A Profitability Plateau?

As 2006 comes to a close, it is clear that most law firms are performing very well financially.

By WILLIAM G. JOHNSTON and KRISTIN K. STARK

7 minute read

August 27, 2007 | Connecticut Law Tribune

Commentary: Unfunded Retirement Plans An Ongoing Problem

During the past year, we witnessed a marked increase in the number of law firms, both large and small, which are finding that their existing unfunded retirement plans are becoming significant, disruptive forces. The underlying problem created by these plans is that they result in current income being diverted to former partners, thereby reducing the compensation of the remaining active partners.

By BLANE R. PRESCOTT and WILLIAM G. JOHNSTON

5 minute read

March 07, 2005 | Texas Lawyer

New Partners Must Look at What Drives Firm Profitability

As new owners of multimillion-dollar businesses, partners should take the time to understand their firms' financial statements and related economic data.

By Kenneth M. Hildebrandt and William G. Johnston

11 minute read