Associates and Profitability

Will associates ever be as profitable to their law firms as they were before the recession?  Over the last year there have been many reports of layoffs, deferrals, reduced associate compensation, new merit-based comp systems and apprenticeship programs.  But there has been little real discussion of the long-term economic ramifications of these changes.

This 90-minute Altman Weil Webinar, Associates and Profitability, provides an in-depth examination of how different scenarios for compensating and utilizing associates will impact your law firm’s bottom line.

       Topics include:

  • Associate economic models:  Past and future
  • How does firm size play into the equation?
  • Profitability drivers:  What has changed?
  • Will you need fewer associates in the future?
  • Can process efficiencies make associates profitable again?
  • Using – and billing for – first and second years
  • Are contract lawyers, outsourcing or offshoring better alternatives?
  • Should you let other firms train young associates?

    Who should attend:
  • Managing Partners and other firm leaders
  • Firm administrators
  • Practice Group leaders
  • Members of your firm's Associate Committee
  • All partners with a stake in your firm's profitability

Program Presenters:

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


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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