How a collaboration metric can drive the right behaviour.

What defines a Partner’s success? Traditionally, billable hours. It’s quantifiable, easy to understand and lends itself to ranking or comparison. However, rewarding Partners based on this metric alone creates a competitive, individualistic environment with short-term thinking on success and financial gain

In recent times, a number of firms have moved away from rating skills and overall performance. Meanwhile, other firms are just beginning to look at how a ratings system could start to help them with measuring and rewarding the right behaviours within the business.

Partner remuneration is a complex process for any law firm and one that firm leaders are often looking to improve.