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Altman Weil blog - Cotterman on Compensation

Altman Weil provides management consulting services exclusively to legal organizations. Our clients include law firms, law departments, governmental legal organizations and legal vendors of all sizes and types throughout North America, the U.K. and abroad.

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Altman Weil blog - Cotterman on Compensation | blog.altmanweil.com Reviews

https://blog.altmanweil.com

Altman Weil provides management consulting services exclusively to legal organizations. Our clients include law firms, law departments, governmental legal organizations and legal vendors of all sizes and types throughout North America, the U.K. and abroad.

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Altman Weil blog - Cotterman on Compensation » 2014 » June

http://blog.altmanweil.com/2014/06

Archive for June, 2014. June 23rd, 2014 by Jim Cotterman. Pricing should reflect a fair value to the client for the product/service/result provided and the market in which they are provided. Thus hourly rates vary by location, practice specialty, practitioner experience and work/issue sophistication. They are also sensitive to market factors. For example, insurance defense rates are less and slower to move for a given practitioner than rates charged for similar work paid by the client directly. 1) an ele...

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Altman Weil blog - Cotterman on Compensation

http://blog.altmanweil.com/page/2

This blog, authored by Altman Weil’s Jim Cotterman, focuses on lawyer compensation and law firm finance. For 20 years, Jim Cotterman has advised law firms on compensation system design, capital structure and other economic issues. He is the lead author of the definitive book on law firm compensation,. ABA’s Compensation Plans for Law Firms. Compensation season coming to an end. February 17th, 2012 by Jim Cotterman. What challenges did you have? July 25th, 2011 by Jim Cotterman. The GAO goes further to po...

3

Altman Weil blog - Cotterman on Compensation » Retirement

http://blog.altmanweil.com/category/retirement

Archive for the ‘Retirement’ Category. Retirement is not a moment in time. May 1st, 2014 by Jim Cotterman. Generally, what a partner leaves behind is the client and referral relationships built up over a career. Those relationships have value if the successors can retain them and maintain/grow the revenues and profits from them. Beyond the valuation and compensation aspects of retirement, thought should be given to how to transfer the intangible value of senior partners –. Posted in Legal Profession.

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Altman Weil blog - Cotterman on Compensation » Associate compensation

http://blog.altmanweil.com/category/associate-compensation

Archive for the ‘Associate compensation’ Category. Should performance evaluations be linked to pay decisions? April 22nd, 2014 by Jim Cotterman. There are a variety of views on this topic of linking pay and performance evaluations. But to decide, first assess a number of factors. A. 1 To what extent are the compensation decisions based on performance evaluations? 3 Is there sufficient flexibility in the compensation program for material differences in pay between high and low performers? 4 Is the perform...

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Altman Weil blog - Cotterman on Compensation » Blog Archive » Pricing

http://blog.altmanweil.com/2014/06/23/pricing

June 23rd, 2014 by Jim Cotterman. Pricing should reflect a fair value to the client for the product/service/result provided and the market in which they are provided. Thus hourly rates vary by location, practice specialty, practitioner experience and work/issue sophistication. They are also sensitive to market factors. For example, insurance defense rates are less and slower to move for a given practitioner than rates charged for similar work paid by the client directly. Feed You can leave a response.

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James D. Cotterman. Phone: 407.250.6869. Contact Mr. Cotterman's assistant. James D. Cotterman is a principal with Altman Weil, Inc. He advises law firms on compensation, capital structure and other economic issues, governance, management and law firm merger assessments. Before joining Altman Weil in 1988, Mr. Cotterman was manager of acquisitions for a public company in the health care industry, where he developed, evaluated, negotiated and integrated merger opportunities. How to Manage Your Law Office.

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