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The Salaried Partner Dilemma: Part I
This is the introduction to a three-part series by Moray McLaren, Professor at the LawAhead Centre on the Legal Profession, IE Law School, and consultant with Lexington Partners, on the two-tier partnership system many law firms are now employing
Partner Performance | Unlocking long-term success
Partner Performance. As law firms get more sophisticated in evaluating lawyers and partners, there is a growing frustration amongst leadership about underperformers (in particular senior associates or junior partners) as they are the future of the firm.
Is there a Perfect Remuneration Model for law firms?
Reviewing and adapting the remuneration model in law firm partnerships is a highly sensitive issue.
Inside out or outside in? The challenge of defining and evaluating success within the partnership model
The success criteria for law firms have typically been internal not external and heavily weighted towards financial factors such as...
EL CONFIDENCIAL| El complejo concepto de rentabilidad de los abogados
Es un factor clave para los despachos, pero el problema está en que actualmente no todos lo miden, ni tienen un modelo claro para analizarlo. Moray McLaren y Mari Cruz Taboada comentan en el reportaje del diario El Confidencial ( España). Click on the image to read the full article.
Law firm profit or client service: what comes first?
Video podcast recording where experts Paul Browne, Stuart Hopper, Mari Cruz Taboada, and Moray Mclaren dissect a real RFP (Request for Proposal) with a question from a client to understand better the incentives and law firm business model that would guarantee high-quality legal service.
Podcast: Defining the Perfect Partner
In this podcast recording, Zulon Begum , Partner at CM Murray and leading international law firm management consultant, Moray McLaren Partner at Lexington Consultants, discuss new research by the IBA’s Law Firm Management Committee (LFMC) which explores recent trends in partner profit sharing, remuneration and reward. Key discussion points from this podcast recording: Is there such a thing as a ‘perfect partner’ and how do you define them? Gaining a better definition of p
Defining the Perfect Partner
Harvard Law School has published new research by Moray McLaren exploring recent trends in partner profit sharing, remuneration and rewards. The survey of 106 law firms, finds a continuing shift away from traditional Eat What You Kill and Lockstep approaches. Four priorities were highlighted: Gaining a better definition of partner contribution with an increasing adoption of non-financial performance indicators Introducing clearer guard rails within tighter performance bands Pr
¿Cómo el 'conformismo' en las firmas de abogados, puede frenar el crecimiento?
El clásico experimento de Solomon Asch sobre el conformismo individual frente a la opinión de grupo, es una excelente manera de comprender la dinámica de muchos de los bufetes de abogados. ( Extracto artículo de Opinión en Expansión Jurídico. Autora: Mari Cruz Taboada) Recientemente escuchaba un interesante podcast sobre el trabajo del psicólogo Solomon Asch donde, con sus experimentos, demuestra que las personas devalúan y rechazan a quienes no se ajustan a sus juicios de va
La evaluación de los socios
Las firmas de abogados valoran un comportamiento colegiado pero recompensan el logro individual. ¿Cómo encontrar el equilibrio?
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