Compensation & Benefits for Law Offices

Partner compensation invariably is the topic of most interest in every law firm. It is also a topic that involves the most fervent debate and encompasses the most varied points of view. Not surprisingly, partners will normally advocate a compensation system that most favors their strong points as attorneys. Partners who do not generate much of their own business but have high billable hours obviously promote a system based upon billable hours. Partners who tend to bring in a great amount of “rain” and allow it to be serviced by others normally promote a system based upon origination.