Law Firm Leadership Forum March 2016 (fka Managing Partner Forum)

3/3/2016

When: Thursday, March 3
11:30 AM to 1:30 PM
Where: Pacific Club
4110 MacArthur Blvd.
Newport Beach, California  92660
United States
Contact:
Janet Proudfoot (Sign in to view e-mail address)

Event Details
Please bring your Managing Partner or other members of your law firm's leadership team to this informative session presented by Kristin Stark, MBA, of Fairfax Associates who will present on current best practices for designing a partner compensation program that rewards productivity while remaining in sync with firm strategy. CLM Recertification Credit: 1 hour in the subject area of Human Resource Management (HR)

CLM App Credit for Functional Specialists: 1 hour in the subject area of Human Resource Management (HR) towards the additional hours required of some Functional Specialists to fulfill the CLM application.
1 hour California MCLE will be offered.   

Topic:   Partner Compensation:  Rewarding Stars While Staying True to Firm Strategy 

Agenda:
11:30 a.m. - 12:00 p.m.  Networking
12:00 p.m. - 12:30 p.m.  Lunch
12:30 p.m. - 1:30 p.m.    Program

Program Description: 

In an increasingly competitive industry, law firms must structure partner compensation systems to not only reward top performers but support implementation of the firm's strategy.  In this session, we will identify current best practices in structuring compensation systems, analyze partner performance management tools and approaches, and discuss how best to ensure your partner compensation system aligns with the strategic goals for the firm. 

Learning Objectives:
    Identify current  best practices in structuring compensation systems Manage partner performance in the context of partner compensation structures Align compensation with the strategic goals for the firm as well as client expectations of efficiency and value Identify appropriate metrics to support client value and profitability as compensation criteria    
   

         Kristin K. Stark 

SPEAKER BIOGRAPHY

Background: 

Kristin Stark is a Principal at Fairfax Associates.  Kristin is based in California and advises firms on strategy development and implementation, organizational management and structure, financial management, and compensation.  Prior to establishing Fairfax in the United States, Kristin was a Senior Director with Hildebrandt Baker Robbins, advising law firm clients on strategy and management topics. Before joining Hildebrandt, Kristin was a senior consultant with Deloitte, managing consultant teams implementing innovative financial restructuring strategies for Fortune 100 companies. Kristin has served global firms in the U.S., U.K., and Asia as a consultant on both strategy and operations management projects. In addition to her ongoing work advising clients, Kristin is a frequent speaker at law firm retreats and industry events.  Kristin has a BBA from the University of Notre Dame and a MBA from London Business School.

Areas of Expertise: 

Strategic Planning and Implementation
    Assisting in determining strategic goals and developing a plan for strategy implementation. Analyzing market, competitor and client trends through quantitative research and client interviews. Aligning practice area, industry group, geographic and client team business plans with overall goals.
Performance and Compensation
    Designing partner compensation systems to align with and support firm strategic goals and objectives. Assisting with the implementation of revised compensation systems and identification of appropriate performance metrics. Advising firm leadership on talent management issues and serving as a member of law firm partner compensation committees.
Mergers & Acquisitions
    Assessing potential growth strategies available to a firm, in light of a firm’s strategy and the competitive market landscape. Identifying opportunities for merger or acquisition and facilitating merger discussions. Negotiating firm combinations to support long term merger integration and success.
Governance, Management, and Organization
    Redesigning firm governance and practice management structures to support strategic goals. Evaluating firm financial performance along key metrics and assessing efficiency. Conducting profitability studies to support strategic decisions and evaluating opportunities to apply new business models. Developing client intake and pricing strategies.
Education
    M.B.A., The London Business School, London, UK; Concentration in Strategy Bachelors of Business Administration, University of Notre Dame, Indiana

Contact Kristin Stark at (415) 215-9294 or email her at kristin.stark@fairfaxassociates.com. ​The entrée for this event will be announced shortly.  Please note that advance notification of special dietary needs is required, and should be indicated when you register online.  Requests will be honored when possible but are not guaranteed.