FOUNDATION PROJECTS & INVESTMENTS
Project for Attorney Retention:
The project studied part-time partners in law firms to identify roadblocks they face and present best-practice solutions to overcome those challenges. The study provided best practices that law firms can use not only to develop effective policies, but also to establish fair compensation structures and practices for attorneys who want to reduce their hours and still maintain a successful and profitable relationship with their firm. The study, conducted in San Francisco, Washington D.C. and Denver, CO, involved in-depth interviews (with guarantees of confidentiality) with part-time partners. These interviews covered professional and personal information relating to the partners’ reduced-hours arrangements, their satisfaction with their arrangements, the methods used to compensate and evaluate them, their business generation, and their service to their firms. The information was used to develop a best practices model and report on part-time partnership that can be used nationally.
The study was released in late September 2009, and you may click here for a copy of the report: "Reduced Hours – Full Success: Part-Time Partnership in U.S. Law Firms." Some of our members assisted PAR in obtaining data and in editing report drafts. PAR recognized in their final report the work of two of our members, Connie Talmage and Beth Doherty Quinn. It's important for Denver to be at the forefront of these nationwide studies, and we're grateful to those of you who assisted PAR and those, such as our Foundation board members, who had the vision to contribute to this study.
New Families, New Futures: