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 Financial management in the legal profession
denotes premium content | Jan 8 2009 

Feature

posted 10 Jul 2008 in Volume 2 Issue 5

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Cover feature: Partner compensation

The recent Kerma Partners’ ‘Global Survey of Large Law Firm Compensation Practices’ draws some interesting conclusions about the latest trends in compensation practices, and highlights, among other things, the effect of national cultural differences in the way compensation is handled across the world. Although culture plays a part, there is no doubt that the shifts that are taking place also reflect a continuing quest by firms to establish ways in which partner behaviours and individual performances link with a firm’s overall strategic goals and the achievement of a firm’s economic objectives.

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