Walker Clark Worldview
commentary and insights for law firm leaders
Integrating Business Planning, Compensation, and Career Advancement
The competition for legal talent has never been fiercer.
One strategy stands out for its clarity, simplicity, and effectiveness, especially for small and midsize law firms: integrating business planning, performance-based compensation, and career advancement into a unified career management path for senior associates and partners.
This post explores the structure and benefits of such an integrated system, how each component can be tailored to your firm’s unique needs, and why it is a transformative force for law firm performance and long-term lawyer retention.
Five Ideas for Better Partners Meetings
Better partners meetings build better partnerships.
Law firms make a big mistake when they avoid partners meetings or minimize their importance to being little more than an occasionally required ceremony.
Such an approach, although perhaps understandable in some law firms, is a short-sighted mistake, because it denies the firm access to one of its most important assets: the collective experience, insights, and wisdom of the partnership.
Here are five suggestions that Walker Clark clients have used to make their partners meetings more productive.
