Steve's Rules with legendary executive recruiter Steve Nelson from the McCormick Group

Law Firm Partner Compensation---An Interview with Tim Corcoran

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In this episode of Steve's Rules, Steve has a conversation with Tim Corcoran of the Corcoran Consultant Group, a leading consultant on law firm compensation.  Among the topics discussed were:

  • The primary issues that are leading firms to retain your services?
  • The most frequent flaws in law firm compensation systems
  • Balancing the contributions of rainmakers and key subject matter experts.
  • How firms handle compensation of laterals, particularly in situations that those attorneys are not bringing all of their originated business to their new firms.
  • How firms should design bonus programs for laterals

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