Compensation and Advancement
Compensation and Advancement
Appraise and revise compensation and advancement systems to align with strategy and best practices
Compensation and advancement are the primary reflections of strategy within firms. They are also the primary reflections of culture. It is possible to evolve compensation and advancement to drive growth and motivate lawyers well, while maintaining and indeed enhancing what’s special about each firm’s culture. Law firms can reward each contributor well and fairly for his or her unique contributions. Firms can deploy comp and advancement systems to plan for the future and incentivize long term value. EvolveLaw can help firms to identify most important areas for the comp and advancement changes needed to further strategy and enhance culture, and implement those changes carefully and fairly.