Non-Equity Partnership Strategies

In the last decade, the number of non-equity (income) partners has grown significantly, but in many firms the non-equity tier is not functioning as it should. Managed well, a non-equity tier can be a proving ground for new laterals, a transitional stage for rising stars, or a long-term berth for technical experts. Instead, it often becomes a warehouse for lawyers who don’t generate their own work, block upcoming talent and don’t add economic or professional value commensurate with their compensation.

This 90-minute Altman Weil Webinar, Non-Equity Partnership Strategies, offers a roadmap to law firms for short and long term strategies to restructure their non-ownership tier for optimal productivity and profitability.

Topics include:

  • Heightened scrutiny of non-equity partners in the post-recession economy
  • Non-equity partners’ impact on firm profitability – now and in the future
  • Rethinking non-equity compensation
  • Establishing tougher standards for entry and retention
  • Evaluating performance; investing in talent; and knowing when to cut your losses
  • Managing transitions out of the non-equity tier
  • Pros and cons of ‘Up or Out’ and Career models for non-equity partners
  • Weighing lawyer staffing alternatives
  • Developing a long-term strategy for your non-equity tier

Who should attend:

  • Managing Partners and Firm Chairs
  • Executive Committee members
  • Compensation Committee Members
  • Executive Directors and Chief Administrators
  • Any partner with a stake in the firm's future

Program Presenters:

Thomas S. Clay, Principal, Altman Weil, Inc.
James D. Cotterman, Principal, Altman Weil, Inc.

ORDER THE CD NOW: EMAIL INFO@ALTMANWEIL.COM OR CALL 610-886-2008.

A complete flash recording of the audio and video portions of the webinar on CD is available for those who missed the program.

$295 plus shipping and handling for each CD recording.

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