Guess, Work: Regular Incentives Work Better Than Ad Hoc Bonuses
Law firms lack structure, generally; and, that’s also true of how they compensate their lawyers, beyond their salaries . And, that’s maybe the most dangerous game to be playing in the current hiring environment – because, if you can’t keep your current staff happy, they’re more likely to be able to find an alternate position, easier and faster than they ever have before. Most law firm s rely on ad hoc bonuses for their employees; but, that’s a bad idea . One reason that’s the case is because those sorts of bonuses come at random times for random reasons . That creates an expectation that they’ll come along again, but without grounding for how or when . And then, since there’s nothing tied to those bonuses aside from the wh...