Compensating Non-Equity Partners: Keys to Find a Fair and Equitable Salary and Bonus Structure

webinar Compensating Non-Equity Partners: Keys to Find a Fair and Equitable Salary and Bonus Structure

You Will Learn:

  • Best practices for determining if and when you might consider progressing a non-equity to an equity partner
  • Methods for addressing and changing the tendency to treat non-equities as “high paid associates”
  • Strategies for handling origination issues that arise in a non-equity partner model
Watch the pre-recorded web conference
$269.00
 

Are your non-equity partners profitable?

Finding the right salary and bonus structure to incentivize non-equity partners (whose collections are often consistent year after year) is a major challenge for many firms. This comprehensive webinar explores how leading firms are making ‘non-equity’ partnership compensation work, along with lessons learned in terms of firm profitability and value.

Learning Objectives

During this must-attend session, our expert faculty will examine key factors in managing and compensating ‘non-equity’ partners with an eye towards fairness and firm profitability, including:

  • If and when you might consider progressing a non-equity to an equity partner
  • How to address and change the tendency to treat non-equities as “high paid associates”
  • Components of a ‘non-equity’ cash compensation package (bas, bonus, profit sharing, benefits) and how firms are applying these for these partners
  • Key criteria that firms should look at when assessing non-equity partner performance, value and contributions to the firm
  • Origination issues that arise in a non-equity partner model and how to handle them
  • How firms are using non-equity tiers (junior/senior level non-equity partners)
  • Much more…

Product ID: 18599

Learn the Keys to Finding the Right Salary and Bonus Structure!

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Faculty

Norman Clark
Norman Clark
Walker Clark LLC

Norman Clark is one of the founders of Walker Clark LLC. His consulting practice specializes in issues of international business and legal practice strategy, mergers, risk management, internal productivity, partnership governance and compensation, and lawyer performance and profitability. He is also one of the world's leading authorities on business and marketing strategy for law firms in emerging markets, working with progressive law firms in Africa, Asia, the Caribbean, central and eastern Europe, Latin America, and the Middle East.

Learn the Keys to Finding the Right Salary and Bonus Structure!

Get it on demand now

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