Compensation

Altman Weil is a national consulting leader on the critical and delicate issue of compensation in legal organizations.  We have conducted extensive research on the topic for over 30 years, have built benchmarking databases that are unparalleled in the marketplace and have authored the definitive book on law firm compensation.

Our consulting services include:

Compensation Decision Making – The quality of your compensation decisions is more important than the specific system or process in place at your firm.   We will help you insure that your decisions are internally equitable, externally competitive and take into consideration the non-economic performance factors driving your firm‘s strategic objectives.

Benchmarking Data – Altman Weil has the data you need to make the right decisions. Our databases include law firms, corporate law departments, corporate patent counsel and bar counsel compensation. We can also conduct customized compensation studies to gain a more targeted understanding of specific markets and peer groups.

System Design – There is an art to designing a compensation system.  We combine our decades of experience and market knowledge with an understanding of your firm’s philosophy, values and desired outcome.

Communication – Good communication is key to a successful comp program.  We can show you how to set up and manage a program that works at every stage of the process to build trust and credibility.

Evaluation Systems – Key to a successful compensation system is an actively managed performance evaluation and coaching system. We can show you how to set up and manage this vital component.

Non-Partner Compensation – We can help you develop effective compensation programs for associates, paralegals and support staff.

How You Benefit

You will develop a fair and competitive compensation program that allows you to attract and retain the highest quality lawyers and staff.  You will improve morale which in turn will drive greater performance, productivity and profitability.