Super Early bird - Confirm your place before October 3rd and save $200
Rethinking Partner Compensation
Partner Compensation: From Third Rail to Strategic Engine
Partner compensation is often seen as the “third rail” of law firm management, but it doesn’t have to be.
Navigating Partner Compensation Redesign equips law firm leaders and compensation committees with the insight and strategy needed to transform compensation plans into catalysts for collaboration, profitability, and growth.
Led by industry expert
Tim Corcoran and drawing on real-world examples, this cohort enables entire teams to learn what works at other firms and immediately apply solutions to their own challenges, tackling issues such as origination credit disputes, succession planning, and balancing individual performance with firm-wide goals.
Through interactive modules, practical exercises, and peer discussions, participants will develop fair, transparent compensation strategies that align partner incentives with firm values and long-term success, turning partner pay from a source of tension into a strategic advantage.
- Key Details: Hybrid cohort including live modules, self paced learning, and coursework
- Dates: November 7/14/21 & December 5
- Location: Online
- Facilitator: Tim Corcoran
Join law firm leaders and compensation committee members, as we examine practical tools to design, refine, or evaluate partner compensation systems, best practices, common pitfalls, and strategies that link compensation decisions to firm profitability, collaboration, client satisfaction, and long-term sustainability.
Super Early bird - Confirm your place before October 3rd and save $200
Core Learning Objectives
This course is designed for law firm leaders and compensation committee members who are seeking practical tools to design, refine, or evaluate their partner compensation systems. The focus is on best practices, common pitfalls, and strategies that link compensation decisions to firm profitability, collaboration, client satisfaction, and long-term sustainability
Diagnose your law firm’s current compensation system against common archetypes and identify gaps.
Select and prioritize rewardable contributions that align with your strategic priorities and partner values
Design origination credit policies that are fair, transparent, and culturally sustainable
Apply persona-based metrics and Balanced Scorecard principles to evaluate partners fairly across roles
Implement governance and communication practices that reduce bias, enhance fairness, and align pay with long-term strategy
FACilitator
Tim Corcoran
Principal
Corcoran Consulting Group, LLC
BIO
Tim Corcoran is a former CEO who now guides law firm and law department leaders through the profitable disruption of outdated business models.
Tim is a Trustee and Fellow of the College of Law Practice Management, former President of the Legal Marketing Association and a member of its Hall of Fame, an American Lawyer Research Fellow, a Teaching Fellow in the Master in Legal Business program at the Australian College of Law, a frequent presenter at lawyer retreats and legal conferences, and a writer whose articles are published regularly in leading publications.
For more on Tim's work and services: www.bringintim.com
Agenda
The programming will be delivered to a cohort of participants in three discrete modules over four weeks, starting in late November 2025 and concluding in early December 2025 with a live Q&A and group discussion
For each module, participants will have required reading materials, self paced learning and exercises for participants to put the ideas into action. Each module will require 2-3 hours for the pre-reading, to view the lectures, and to complete the exercises.
Faculty
MODULE 1 - 11/07/25 - Live Session
What You Pay For Is What You Get
- Compensation archetypes & trade-offs (Lockstep, Eat-What-You-Kill, Hybrid systems): Introduces the main models firms use, with pros and cons of each, and how culture and strategy drive suitability
- From revenue & hours to collections & profit: Explains why reliance on hours or billings can distort behavior and why collections and profitability are stronger measures
- Balanced Scorecard for law firms: Shows how to link partner rewards to client service, people development, firm-building, and financial results
Module 1 Practical Exercises: Archetype Mapping,
Metric Redesign, Balanced Scorecard Pilot
MODULE 2 - 11/14/25 - Live Session
Rewardable Contributions & Origination Without the Drama
- Comprehensive contribution menu: Explores the full range of contributions beyond origination, such as mentoring, leadership, collaboration, and quality
- Origination policies: Covers approaches to credit allocation, including eligibility rules, sunset provisions, and maintenance credits, to avoid disputes
- Leadership, management & citizenship: Addresses how firms can recognize and compensate critical but often undervalued contributions to firm culture and governance
Module 2 Practical Exercises:
Contribution Weighting, Leadership Recognition
Faculty
MODULE 3 - 11/21/25 - Live Session
Data-Driven, Persona-Aware & Fair
- Persona-based metrics with core KPIs: Outlines tailoring metrics for different partner roles, e.g., business developers vs. client managers, alongside common standards
- Governance & fair process: Emphasizes transparent decision-making, committee structures, and bias reduction in compensation systems
- Strategy, pricing & compensation alignment: Shows how to link compensation to profitability, pricing discipline, and client satisfaction to drive sustainable success
Module 3 Practical Exercises: Persona Scorecard Design, Pricing Tie-In Case
MODULE 2 - 11/14/25 - Live Session
Rewardable Contributions & Origination Without the Drama
- Comprehensive contribution menu: Explores the full range of contributions beyond origination, such as mentoring, leadership, collaboration, and quality
- Origination policies: Covers approaches to credit allocation, including eligibility rules, sunset provisions, and maintenance credits, to avoid disputes
- Leadership, management & citizenship: Addresses how firms can recognize and compensate critical but often undervalued contributions to firm culture and governance
Module 2 Practical Exercises:
Contribution Weighting, Leadership Recognition
REGISTRATION
£495
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