How to Pay a Law Firm Associate

04/09/2025 15 min Temporada 4 Episodio 122
How to Pay a Law Firm Associate

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Episode Synopsis

If you want even more law firm growth tools or to join a community of attorneys for free, join us here: https://www.skool.com/your-practice-mastered-3074/aboutLaw firm owners lose profit not from bad cases, but from bad compensation plans. In this episode, Richard James breaks down exactly how to pay associates in flat-fee, hourly, and contingency models so you keep talent, grow capacity, and protect margins.You’ll see how a small adjustment in pay structure can be the difference between a calm, scalable firm and “law firm ownership hell.”We will show you exactly how much you should be paying your associates, whether you are a flat fee, hourly, or contingency firm (there is a difference in pay structure). And how to design the role so your associates stay longterm. If you are the owner of a law firm who wants a clean, defensible associate pay plan that scales profitably without burning out your team, this episode is for you!Get free tools, trainings, and join our community: thelawfirmsecret.com