Walker Clark Worldview
commentary and insights for law firm leaders
Is one year enough?
Should your law firm move to a “rolling” two-year business plan?
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.
“Trump-Proofing” Your Law Firm
As we at Walker Clark have been meeting since January 2025 with clients and professional friends worldwide to discuss their priorities and concerns for the next 12 to 24 months, many of them – across the world and the political spectrum – have used the same phrase to describe their anxiety about the uncertainties that lie ahead: “How can we Trump-proof our firm?”
