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.
This entry was posted on Friday, October 16th, 2009 at 4:32 pm and is filed under Altman Weil news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.