Sponsored by Alta Pro Lawyers Risk Purchasing Group
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Important! To receive CLE credit:
This will take approximately 1 hour of your time, and you will be asked to complete a survey after you finish the webinar, which will appear in the dark area above. Have your bar #s handy.
Find your state, course ID and credit below. If you are not licensed in a state listed below you will not receive CLE credit for watching this webinar.
An Attorney Compensation Plan is critical to your law firm’s success.
A well-designed plan drives leadership, boosts performance, and helps you realize your practice goals. It attracts top legal talent – from new associates to lateral partners – and keeps them happy, so they will want to stay at your firm forever.
And it helps establish a firm culture that is equitable, ethical, and all-in.
Law firms that lack a fair and workable pay structure will not attract and retain blue-chip recruits. This leads to turnover, instability and talent drain – all of which impacts the quality and consistency of client service.
In this webinar, attendees will learn how to create a pay structure that’s right for their practice, whether they’re building a plan from scratch or updating their existing plan.
They will learn about compensation models from Eat-What-You-Kill to Lockstep Systems. They will receive current data on lawyer salaries and benefits, tips for dealing with the emotional aspects of compensation, and valuable checklists, templates and strategies. They will be instructed on their ethical obligations under the Rules of Professional Conduct.
The course will be taught by Brenda Barnes and Camille Stell, authors of RESPECT: Insights in Law Firm Compensation, and two of the country’s foremost experts on Attorney Compensation Plans.
Brenda A. Barnes is the founder and owner of Brenda Barnes legal consulting firm. She is a frequent author and speaker on the topics of budgeting and cash flow forecasting, law firm compensation, succession planning and law firm profitability.
Brenda is a graduate of the University of Texas at Austin in Accounting and has her MBA from Texas State University. She holds her CPA license. She is a legal and accounting professional with over 20+ years of experience working as a law firm administrator in Austin, Texas.
In 2008, Brenda created B2 Legal Management, LLC, an outsourced accounting resource for solo to mid-sized law firms across the United States. Brenda sold the business in 2022 and currently works as a legal consultant assisting law firms with profitability analysis, compensation system reform, and planning for Next Generation ownership.
Brenda is the co-author of RESPECT: Insights in Law Firm Compensation.
Camille Stell serves as President of Lawyers Mutual Consulting & Services. She is a frequent author and speaker on the topics of law firm compensation, retirement and succession planning, and law firm trends of the future.
Camille is a Fellow in the College of Law Practice Management. She also served on the North Carolina State Bar Regulatory Review Subcommittee and continues to serve as a member of the NC Pro Bono Resource Coordinators Network, the Advisory Group for the Duke Law Tech Lab, a member of the Wake Forest University Small Business Center Transition Forum, and as Chair of the Raleigh Chapter of the Legal Marketing Association.
Camille is the co-author of two books written and published during the pandemic: Designing a Succession Plan for your Law Practice: A Step-by-Step Guide for Preparing Your Firm for Maximum Value, published in 2021 and RESPECT: Insights in Law Firm Compensation, published in 2022.
Jay Reeves is the Risk Pro for Alta Pro Insurance Services. He practiced law in South Carolina and North Carolina for nearly 40 years, both in private practice and in-house (as corporate VP/Risk Manager). He has given numerous presentations to lawyers and bar groups in the US and Canada, including keynotes and CLEs. He is founder and owner of Your Law Life LLC, which helps attorneys add purpose, profits and peace of mind to their Law Lives.
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