Law Firm Remuneration, Reward, and Motivation 3rd Edition

Raise your remuneration strategy into something more positive, less reactive, and firmly aligned with your business goals.

Additional taxes may be applicable

Details

Description

The ability to meet your clients’ expectations around technical skills and service levels demands a workforce that is both motivated and engaged. 

Actively reviewing your firm’s approach to remuneration, reward, and motivation is crucial to safeguarding your competitive advantage in today’s legal marketplace.
Fully updated for 2013, Managing Partner’s Law Firm Remuneration, Reward, and Motivation, 3rd Edition examines the issues and trends currently having an impact on how people are managed and rewarded within law firms on a global, international, and local scale.
Along with extensive coverage of the effect that market changes, mergers, ABSs, and third party investors are having on remuneration strategies and expectations, you’ll find clear recommendations in light of future developments and trends. Best practice strategies and advice are provided on:  
  • Salaries, bonuses, and incentive schemes;
  • The partner remuneration structure;
  • Non-monetary reward schemes;
  • Employee engagement and motivation;
  • Performance management;
  • Talent retention and career progression;
  • The employee value proposition; and,
  • Sending out the right messages to your clients and employees through reward.
Insightful case studies from HR Directors Julia Perin (Sacker & Partners LLP) and Caroline Rawes (Taylor Wessing LLP) reveal how their firms are successfully approaching remuneration, motivation, and reward.  
Plus...You'll also find an expert insight from Nick Cresswell-Turner of Duke Street Capital on the remuneration and reward challenges they face as a supplier of third party capital to legal businesses.  
There has never been a more critical time to analyse and overhaul your approach to remuneration, reward, and motivation.

Contents

Chapter 1: Remuneration in a time of austerity

Chapter 2: The Legal Services Act 2007 – Big bang or smouldering whimper?

Chapter 3: Mergers and remuneration

Chapter 4: Organisational structure and reward and motivation approaches

Chapter 5: The employment proposition

Chapter 6: Motivation, reward, and value

Chapter 7: Employee expectations and the new world of work

Chapter 8: Remuneration and reward design

Chapter 9: Aligning the business and people strategies

Chapter 10: Alternative business structures, third party investment, and partner pay structures

Chapter 11: Case studies – The real experience

Check our Executive Summary and full table of contents here

Authors

John Renz
John Renz is currently director of HR at Novae Group Plc, a specialised insurance and reinsurance carrier. John was previously at law firm Mourant, where he spent five years as HR director. Prior to that, while at CMS Cameron McKenna, he helped manage the merger of Cameron Markby Hewitt and McKenna & Co. With 20 years of experience in HR management, 15 of which have been in professional services, John has also held senior positions with Standard Life and business advisory firm Grant Thornton, as well as with City law firm Linklaters. John has previously written the first two editions of Law Firm Remuneration, Reward and Motivation, and he contributed to a book published by the Financial Times entitled Mastering Operational Risk. He is a regular speaker on a number of HR topics both within the UK and internationally.

You may also be interested in..

Think about attending..