#37: Key Trends in Law Firm Profitability and Partner Pay with Lisa Smith

Listen here: Key Trends in LawFirm Profitability and Partner Pay with Lisa Smith

When BigLaw seeks out expertise on strategy, organization, governance and compensation, they turn frequently to Fairfax Associates, a leading advisor to many of the world’s most successful law firms. Lisa Smith, who heads the Washington DC office of Fairfax Associates, shares her perspective on where law firms are focusing, what challenges they face, and how they can meet some of the most pressing needs to compete in the marketplace. We talk about the intricacies of partner compensation, profitability strategies, and leadership transitions in large law firms.