Archive for October 16th, 2009

The Changing Associate Model

October 16th, 2009 by Jim Cotterman

The recession has challenged businesses everywhere.  Law firms have been more profoundly affected by these extraordinary times then any I can remember.  Unfortunately these changes have disrupted lives and livelihoods — significant associate layoffs, associate pay reductions, reductions in first-year class size and starting salaries, and deferrals of employment start dates, among others.  However, the news is not all bad.  Law firms are also making changes that actually make associate careers better, such as moves away from traditional lockstep compensation and a return to real apprenticeship programs.  How well these changes take hold depends on many variables.

Join us on Tuesday October 27  at 1:00 ET for a 90 minute webinar to explore the strategic and financial implications of these changes.  For more information, visit Leverage, Lockstep and the Changing Associate Model.