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Compensation

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I highly recommend the MPF Leadership Conference. I’ve participated many times, as have several of my partners. We leave with new ideas and fresh perspectives every time.

~ Jason Waguespack, Esq.

Jason P. Waguespack, Esq.
Galloway – New Orleans, LA

I look forward to this Conference every year. It really helps me to be a more effective firm leader.

The MPIEs are interesting, informative and useful!

The Conference was terrific, as it exposed me to many issues facing my firm.

The attendees were excellent, and they were very open to candid discussion.

A very organized and well-run conference. Great food. Great hospitality.

A very informative conference with lots of fresh ideas and perspectives.

The benchmarking data presented during the opening session is fantastic. Our MPIE facilitator was great!

As always, The MPF Conference is a very enjoyable and worthwhile experience.

~ Gerry Riskin

Gerry Riskin
Edge International – Anguilla, BWI

Thank you for allowing me to participate. Your team is masterful at making all feel valued at your event and I dare say helping attendees see the value in attending.

Thank you for the invite to speak on the Managing Partner panel. Even though I have now attended 7 MPFs, I always bring back substantive and helpful information for my partners.

From my perspective, the conference went extremely well. Thank you for inviting me to participate; I was proud to be part of a very talented faculty. Congratulations to all!

Many thanks. Always a pleasure and an honor.

Thanks for partnering with us from the ABA Law Practice Division. Very well organized. Your team knows precisely what they are doing and we appreciate you.

Was looking over some old MPF materials and recalled how great this event is.  Wanted to thank you all again. I really enjoyed it.

Hands down the best leadership conference for managing partners I’ve ever attended.

It was indeed a very well run and informative conference. I especially enjoyed meeting the participants and other faculty and learning from them. Thank you, John, for giving me the opportunity to participate.

MPF is a great conference, with excellent interaction among peers.

I very much enjoyed The Managing Partner Forum and thank you for putting on such a great program. I’m planning to attend again next year.

Our new managing partner, Wynn Shuford, attended your conference last month and has raved about it ever since. Thanks for your continued great work in the area of law firm leadership.

The conference was tremendous and I've already made tentative plans to attend next year's event. I've also reached out to other firm leaders I know to let them know the advantages of the Managing Partner Forum. Thank you.

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John J. Michalik
Former Exec Director, Association of Legal Administrators – Chicago, IL

Many thanks for inviting me to be a part of this great program! I thought it was outstanding and was honored to be part of it.

Thank you so much for such a wonderful conference. It was invaluable, and I am already looking forward to next year.

I've attended two events through John's Managing Partner Forum. They are always of high quality, and provide invaluable information that is useful to our firm.

It's a great format overall, and the MPIEs provide a fabulous exchange for ideas and perspectives.

The MPF provides a very consistent and solid program.

This is a fantastic conference with great topics and great people. The sharing of ideas and information among managing partners is invaluable.

An excellent program and overall very valuable experience. Bright participants, terrific discussions and outstanding statistics. I’ll be back.

MPF provides tremendous value and excellent resources. Great information. Great speakers. Great networking opportunities.

A great program! It was very helpful to hear both the faculty and participants comment on key issues.

I thoroughly enjoyed participating in this year's Conference. Thank you for your enthusiasm and leadership.

Thank you for what you do for our industry. I go to a lot of conferences, and your event is the one I look forward to and gain the most from each year.

In particular, I valued the breakout sessions, which allowed for informal conversations on jointly shared issues.

As a first time attendee, I really enjoyed it!

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Thomas C. Logan, Esq.
Carr Allison – Birmingham, AL

What do I like best? The MPIE sessions and meeting so many managing partners in one place.

A very well planned and executed conference. I’ll be back.

The Managing Partner Idea Exchanges (MPIEs) are excellent.

A great event. Thank you for the invitation. I’ll be back next year.

I found this conference to be extremely valuable. We all face very similar challenges, and it’s comforting to know that others share the same questions and concerns.

The faculty and breakout sessions were great. I also enjoyed the first-class location. Please keep me on your invitation list.

I continue to tell people that the MPF is the single, most valuable conference I've ever attended.

This was a great seminar. I especially enjoyed the open sharing of ideas among firm leaders.

The MPIE sessions are always very helpful. We implemented several successful programs after the last Forum and I expect we'll do so again after what I learned today.

I’m really impressed with everything about The Managing Partner Forum. Very useful.

The roundtable discussions with other managing partners in the MPIE sessions was exceptionally valuable.

A terrific program. The interactive sharing of information in a non-competitive atmosphere among peers was most valuable to me.

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Robert U. Sattin, Esq.
TAGLaw – St. Petersburg, FL

A very well-run program, with good issues and great exchange among participants. Thanks for the invitation.

I very much enjoy these programs, especially the open exchange of information among fellow managing partners.

The information exchange was great, especially since I don't have a lot of colleagues in this area. This was a really nice event.

The group dynamics in the MPIE sessions are a great value. I liked Susan Hackett (General Counsel of the Association for Corporate Counsel) on Skype, too.

The instant statistical feedback during the Opening Session and the opportunity to share experiences with other firm leaders were great.

The opportunity to spend an entire day sharing ideas with other managing partners was very therapeutic. I feel better knowing that I am not alone.

What great participation from other managing partners! There’s no other conference like it.

I gained much value from the candid sharing of ideas and interaction with other managing partners.

The interactive sessions were great and the facilitators did a fantastic job.

The MPF brings together the leaders of Florida's top firms, together with experienced consultants, for a great exchange of ideas and information. It's an excellent resource.

I thoroughly enjoyed it! The MPIEs were especially worthwhile and very well presented.

The opportunity to spend the day exchanging ideas and solutions with other managing partners is what I liked best.

This is a dynamic industry and the Managing Partner Forum is a great place to learn about how other firms are adjusting to it.

The true value comes from the opportunity to share solutions with your professional peers. I highly recommend this program to any managing partner.

Since the majority of our firm’s business is referred by other law firms, The Forum is a great place to catch up with our clients while also learning from my peers. It’s a terrific program.

The Managing Partner Forum is a rare opportunity to network with my peers from throughout Florida. I highly recommend it.

I attended The Managing Partner Forum and thought it was outstanding. The program provided an excellent opportunity to benchmark my firm’s performance with our peer group.

The Florida focus is what distinguishes this program from others and gives it particular relevant value.

The MPIE sessions were rich in content, and are what make this leadership conference better than all the rest.

Thank you for putting on another outstanding MPF Conference. I came away, once again, feeling reassured and encouraged.

The MPF provides much-needed interaction for those of us in the 'isolated' role of managing partner of a mid-sized firm. I liked the professionalism of the attendees.

The format was terrific. It gives participants the ability to interact and compare notes with other firm leaders.

The MPF is unique among law firm conferences because it features relaxed, informal discussions among managing partners from other large firms.

I got an unbelievable number of great ideas in the Managing Partner Idea Exchange sessions.

The MPF presents a rare opportunity to exchange ideas and learn how other firm leaders are handling difficult and challenging situations.

The format was excellent and the program was well organized. I will definitely return. The organizers do a fantastic job.

The exchange of ideas was well worth my time and money. I'll be back.

I truly appreciated the opportunity to interact with other managing partners throughout the region. Well done!

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The successful managing partner develops a clear sense of strategic direction, so that on most days most partners are marching in the same direction. How one does this is what the Forum is all about.

The MPF provides a rare opportunity for managing partners to gather and share insights and perspectives on ways to be more effective law firm leaders.

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There is a difference between leadership and management. Law firms need both. The managing partner must be the keeper of the vision and its continuous champion.

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The Managing Partner Forum provides a unique venue to network with other managing partners so I can learn new ways to be more successful in today’s climate.

The Managing Partner Forum offers an invaluable opportunity to learn about the latest trends in the legal industry and to compare notes with other law firm leaders.

The exchange of practical ideas and hearing success stories from other managing partners is what I liked best. This program could have easily lasted two days.

The exchange of ideas and valuable information was impressively solid throughout the day. I appreciate the opportunity to be included.

The discussions were surprisingly open and productive. I came away with much information on where we are doing well, ideas for improvement and strategies for capitalizing on opportunities.

I was impressed by the openness with which the participants shared their experiences, procedures and policies.

I especially liked the information sharing and the chance to network with other managing partners.

I’ve attended many law firm leadership conferences over the years and this is one of the best. A great program with outstanding participants.

Great job! The Managing Partner Forum exceeded my expectations – very valuable. Thanks for including me.

The sessions on strategic planning and the interactive afternoon sessions were extremely valuable.

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Thomas C. Logan, Esq.
Carr Allison – Birmingham, AL

All in all, a very well-run program. The ability to interact with other managing partners was especially valuable.

The opportunity to meet and interact with other managing partners in such a high level setting was well worth the price of admission.

The Managing Partner Idea Exchanges were the best part of the day. I very much appreciate the opportunity to participate and will be here again in the future.

The Keynote Presentation was concise, to the point and had great written materials and presentation slides. It certainly measured up to its advertising and then some!

A terrific conference. I was impressed by the wide variety of viewpoints and candidness of the participants.

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Kelly Overstreet Johnson, Esq. – President
The Florida Bar – Tallahassee, FL

The MPF is a first-class event. It’s a rare opportunity to interact and learn with other managing partners, and there is nothing else quite like it.

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The MPF is unique because it is an exclusive and productive gathering of many peers at one time. The perspectives and insights are invaluable.

Compensation image for detail page, showing a paycheck being inserted into an envelope

COMPENSATION – THE #1 TOPIC WHEN MANAGING PARTNERS MEET

  • Articles
  • Books
  • Other Resources

Administering Partner Compensation Systems

Partner compensation. It’s invariably the “hot-button” issue whenever a group of managing partners gathers to talk shop and compare notes. This thoughtful article discusses ideas your firm might consider to build a more “unified” firm culture. When it comes to comp,...
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Best Practices for Setting Managing Partner Pay

How should a firm appropriately compensate its managing partner for the non-billable time required of the role?  Take a look at Peter Giuliani’s article that appeared recently in the ABA’s Law Practice Magazine.
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Bonuses Spread to Associates at Midsize and Small Firms

Compensation is always a hot topic when a group of managing partners gets together to talk shop. And if you’ve read any of our writings over the years, you know how we feel about compensation....
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Dealing with Tensions Surrounding Partner Compensation

This article presents a good overview of various compensation systems and poses the question "Is there an ultimate solution to setting a partner compensation formula?"
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Do Law Firm Compensation Systems Drive Profitability?

While there is certainly no such thing as the "right" compensation system, here’s an interesting article from our friends at Edge Group concluding that formula-driven compensation systems hurt firm profitability.   
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It’s Bonus Time! Rewarding Top Performers with Innovative Incentive Programs

Compensation is always a touchy subject…especially in an off year like this one. This article features case studies of what a handful of innovative firms are doing to reward exceptional – often non-billable – contributions to firm goals and objectives.   
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Law Firm Compensation Systems

If you had to pick one topic that intrigues managing partners and law firm leaders the most, it would be compensation – by far. The most successful firms look at the numbers (usually billable hours,...
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Meaningful Compensation for Practice and Industry Team Leaders (and Teams) – How Important Is It?

John Smock believes that well-run, focused practice and industry teams offer the best opportunity for consistent and continued growth in revenue and profitability. He further maintains that it’s critically important for law firms to reward...
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Partner Compensation Systems in Professional Service Firms – Part 1

This is the first of two articles Anderson has written on the topic. He asserts that, while there is no perfect system, a good compensation plan supports and aligns with the firm’s strategic goals and objectives. Be sure to read...
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Partner Compensation Systems in Professional Service Firms – Part 2

This article, coupled with Part 1, is a great resource if your firm is considering changes to its compensation system. Warning: Proceed with caution! 
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Partner Compensation Systems in Professional Services Firms

When a group of managing partners settle into a conversation about firm leadership, the topic – sooner or later – turns to partner compensation. Over the years, we’ve seen systems that range from pure formula...
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Partner Compensation Systems: Systems Used in Professional Services Firms 

This is one of the better articles we’ve read on law firm compensation systems. It succinctly reviews the pros and cons of seven basic systems, including lock-step, modified Hale and Dorr, and eat-what-you-kill. Importantly, Anderson...
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Partner Compensation: Creating a Performance-Boosting Scorecard 

In this terrific article, Aquila offers his guidance to build a "near-perfect" compensation system at your firm. He says your compensation system should strive to achieve nine important goals if you want to achieve long-term...
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Rethinking Partner Compensation Criteria 

In this article, Howard says you get what you pay for when it comes to setting partner compensation. He encourages law firms to look beyond seniority and personal productivity. Too short-sighted, he says. Rather, they should...
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Revealed: Compensation Spreads of The AmLaw 200 

Have you ever considered the difference between the total compensation of the highest and lowest paid partner at your firm, and how it affects overall cohesiveness and profitability in the organization? Does too wide a...
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Splitting the Pie: Partner Compensation

Compensation is invariably the most talked-about subject at The MPF Leadership Conference or at any gathering of managing partners for that matter. Over the years, we’ve learned that no two systems are exactly alike, and...
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Tolstoy Was Right 

In this gem of an article, Ed says he finds little in common among unsuccessful law firms, because each one tends to fail in its own unique way. He does, however, find that there are...
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Trends in Partner Compensation

Compensation is a hot-button topic for almost every managing partner. It is also a critical driver behind the lateral movement of equity partners. This article by placement specialist Jane Sender provides an overview of recent trends in law...
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Compensation Plans for Law Firms

Jim Calloway has written one of the ground-breaking books on the subject of compensation schemes within law firms. Compensation Plans for Law Firms ($94.95, ABA Publishing) is a great reference to help you and your firm develop...
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Managing the Professional Services Firm

If you had to pick just one book to read to be more a more effective managing partner, this is it. Managing the Professional Services Firm ($26.00, Free Press), written by David Maister, covers a wide array of topics ranging...
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2018 Salary Guide for Legal Professionals

This 30-page report includes salary ranges for nearly 50 different positions, then a variance chart to adjust the salaries to your city. The data is based on actual placements made by Robert Half in both...
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2018 Salary Guide for Legal Professionals 

This brief report provides national data for 35 positions – both lawyers and support staff – broken down by firm size. Its data is based on survey results from over 5,000 respondents in 38 cities....
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ALA 2017 Compensation & Benefits Survey Reports 

For this year’s Reports, ALA (Association of Legal Administrators) has collected data for 60+ different positions in 40+ metropolitan areas, including compensation information for law firm COOs, Executive Directors and other key positions, as well...
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ALA’s 2016 Compensation & Benefits Survey

Ever wonder how your firm compensates its non-lawyer administrative and support staff compared to other firms of your size and/or in your state or region? Look no further than The ALA’s 2016 Compensation & Benefits...
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ALA’s 2018 Compensation & Benefits Survey Reports

This year, ALA has collected data for more than 60 different positions from more than 1,000 law office locations in 50 states. As an example, click here to see excerpts from the 2017 report, including...
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