We will explore current thinking in performance management, partner compensation and succession management. We will address mechanics for partner entry and exit as well as strategies to manage senior employed lawyers. During the program we will address contemporary issues in a pragmatic manner, exploring how firms are managing with changing demographics and partner expectation.
Although the focus of this master class is the ‘partnership’ it is totally relevant for incorporated legal practices as well. Most incorporated professional legal firms have retained a ‘partnership culture’ among owners and those who may aspire to ownership. While some of the mechanics of succession may vary the principals remain consistent. We will explore these issues.
Neil has served the Australasian legal profession since 1989 and has been a director of FMRC for 30 years.
During this time he has assisted many firms with myriad management challenges. Neil assists firms with strategy and profit growth, partner/director management and profit sharing, key talent management, management structures and succession management. He conducts law firm planning retreats regularly, assisting law firms to plan for and achieve greater success. Neil oversees the Practice Management Courses in NSW, presents in New Zealand Law Society Practice Management Courses, conducts FMRC workshops and is often invited to present key note addresses at management forums throughout Australia and New Zealand.
Neil has degrees in Economics and Financial Management. His Doctorate explored the “Strategic and Behavioural Consequences of Different Profit Sharing Models in Law Firms and the Impact of Sharing Methodologies on Performance, Attrition and Gender Equity”.