Partner Remuneration Committee Fundamentals
This course empowers senior leaders to become highly effective Partner Remuneration Committee members.
We show how partner reward systems operate in practice, explain compensation committee fundamentals and illustrate the principles of data analysis for bias-free partner reward decisions.
Our step-by-step approach provides practical ways to raise decision quality while increasing efficiency – translating into less time spent in partner compensation committee meetings.
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Who this course is for
- Partner Compensation Committee members
- Managing Partners / CEOs
- Senior Partners/ Chairs
- Partnership Board members
- Chief People Officers
- Chief Financial / Operating Officers
- Non-Executive Directors
- Anyone interested in partner compensation
Why you should take this course
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Experienced RemCom member? Get up-to-date on state-of-the-art practices for conducting reward rounds
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New to RemCom? Quickly become an effective committee member
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Not on RemCom? Claim your seat at the table of partner compensation decision-making
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Address critical challenges – understand how differences in partner performance, internal relativities and market context influence reward outcomes
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Follow a repeatable process – know which short-cuts to take and where to invest your time for the highest impact
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Reduce time spent in Partner Compensation Committee meetings –redeploy time saved for client-facing work
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Cut down data overload – take simple steps to prepare and analyze partner data
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Elevate decision quality – mitigate the effect of most common cognitive biases during partner reward rounds
Course introduction
- You're a RemCom member - now what?
- Seven fundamental partner reward archetypes
- The Partner Reward Trilogy™
- The role of RemCom and its members
- Anatomy of a partner reward round
- Partner data: preparation and analysis
- Mitigating biases in reward decisions
- Six steps to reach fair partner allocations
- Transparency and communication
- Seven current trends in partner compensation
Single user
Your course includes
- Ten comprehensive RemCom fundamentals video modules
- Bonus module: originations
- Bonus module: partners in management roles
- 4 hours of video content
- Personal worksheets for download
- Self-paced whenever it fits your personal calendar
- Immediate and lifetime access
Multi user
For your committee and management team
- Same as individual course bundle with multi-user discount
- Hosted on MHPR Advisors platform – no need for firm infrastructure
- Each RemCom member learns at their own pace whenever it fits their personal calendar
Discuss your firm's needs with us.
Bespoke
Tailored to your policies and processes
We tailor our course content to how partner reward is done at your firm – using your partner compensation policy, metrics, processes and tools
Our bespoke design includes
- Discovery workshop with your leadership team
- Tailoring our modules, cases and tools to how partner reward is done at your firm
- Online workshops, recorded for future RemCom members
- Debrief with your leadership team
Discuss for your firm’s bespoke course design with us.
Book by Michael
The Partner Remuneration Handbook
A Guide to Compensation in Law and Other Professional Service Firms
Buy Now
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