The Reckoning™ Compensation Assessment
($15,000 for firms < 50 attorneys)
The Reckoning™ Compensation Assessment is designed to better align what’s good for the partner with what’s good for the partnership. It combines stakeholder interviews, financial analysis, and process analysis to identify gaps between your firm’s current compensation plans and industry best practices. This qualitative assessment of your firm’s approach to attorney compensation will help leaders understand if, and where your compensation plan needs to be revised. Areas covered include: performance management, performance metrics, financial systems, and communication. We will determine answers to pressing questions such as:
Is your compensation plan tightly aligned with firm strategy?
Is your plan transparent and widely understood?
Does your plan not only reward but drive constructive and profitable behaviors?
Does the plan manage expectations and reduce perceptions of inequity?
Is the plan easily administered?
A comprehensive report will be prepared within 60-90 days outlining challenges and areas of opportunity to better link firm strategy to incentives. Optional presentation of findings to firm leadership is included.