Goodman Business Development works with law firm leaders to audit, design and implement compensation plans that motivate lawyers to grow their practices.
We incorporate feedback throughout the process to minimize disruption and keep the focus on client service, as well as develop Managing Partner and Compensation Committee communications.
Client demands and increased competition are driving new behaviors in law firms, shifting the focus away from the billable hour to a new metrics for measuring a firm’s value.
Unfortunately many law firms are struggling to adapt and develop compensation plans that incorporate profitability, client retention, and the varying skill sets that partners bring to the table.
Let Goodman Business Development help your firm face tomorrow’s challenges head-on.
Drive change by focusing on what motivates your people.
AUDIT
We audit existing compensation plans to gauge
alignment with objectives and firm strategy.
DESIGN
We work with each firm to tailor their plan
objectives, then build performance metrics to
drive and reward the right behaviors.
IMPLEMENTATION
We design a comprehensive communications
plan to alleviate uncertainty within the partnership.