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Motivating and rewarding law firm professionals is a key topic for law firm management. The consequences and opportunity cost of not getting it right is increasingly a decider in meeting both business objectives around client service, and also the ability to manage profitability and margins.

To fail to meet key financial indicators has serious consequences above and beyond short-term owner awards and could possibly even affect the long-term survival of the firm.

Law Firm Remuneration, Reward and Motivation is a brand new report from Ark Group and Managing Partner magazine.

This report sets out a definition of remuneration and reward, examines current trends in the legal market and offers practical case studies looking at specific types of law firms and how they are addressing this issue. The report also makes clear recommendations for managing partners and law firm HR professionals, in light of future developments and current trends.

Law Firm Remuneration, Reward and Motivation focuses specifically on the subjects of motivation and engagement as well as performance management and its possible impact on reward. Strategies analysed in this report relate not only to partners and lawyers but other professionals operating within law firms.

Ultimately, this valuable new report aims to demonstrate how managing reward effectively can raise this law firm management aspect into something more positive, less reactive and more firmly-rooted in your business strategy.