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How to Change Attorney Compensation Without Losing Your Team (Pt 1) - #121

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Manage episode 466033901 series 3485053
Content provided by Jeff Sterling Hughes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Sterling Hughes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Send us a text

As we've grown Sterling Lawyers to 25+ attorneys and $15M in revenue, one of the toughest challenges has been getting lawyer compensation right.

In this episode, I sit down with my partner, Jeff Kerlin, to walk through our 2024 journey of transforming our compensation model.

We share:

  • Why our original percentage-of-collections model that worked for years started breaking down
  • The painful lessons we learned from rushing changes in 2022
  • How Jeff Kerlin led a 14-month process to rebuild trust and create a new model that works for everyone
  • Our path to creating clear growth opportunities for attorneys at every level

Listen in for an honest look at one of the most challenging aspects of running a growing family law firm. Hope this helps you grow your practice!

-------------------------
Go to: www.JSterlingHughes.com for tons of Family Law Practice resources.
My purpose is to Empower Family Law Attorneys so they can build a beautiful family law practice and have the practice of their dreams.
I share my family law firm’s secrets, tactics, and strategies of how we have grown from 0 to 25 attorneys and over $15m in revenue in our first ten years.
When I am not podcasting, I am the CEO and Co-Founder of SterlingLawyers.com.
Follow me on: LinkedIn - YouTube - X - Instagram - TikTok

  continue reading

144 episodes

Artwork
iconShare
 
Manage episode 466033901 series 3485053
Content provided by Jeff Sterling Hughes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Sterling Hughes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Send us a text

As we've grown Sterling Lawyers to 25+ attorneys and $15M in revenue, one of the toughest challenges has been getting lawyer compensation right.

In this episode, I sit down with my partner, Jeff Kerlin, to walk through our 2024 journey of transforming our compensation model.

We share:

  • Why our original percentage-of-collections model that worked for years started breaking down
  • The painful lessons we learned from rushing changes in 2022
  • How Jeff Kerlin led a 14-month process to rebuild trust and create a new model that works for everyone
  • Our path to creating clear growth opportunities for attorneys at every level

Listen in for an honest look at one of the most challenging aspects of running a growing family law firm. Hope this helps you grow your practice!

-------------------------
Go to: www.JSterlingHughes.com for tons of Family Law Practice resources.
My purpose is to Empower Family Law Attorneys so they can build a beautiful family law practice and have the practice of their dreams.
I share my family law firm’s secrets, tactics, and strategies of how we have grown from 0 to 25 attorneys and over $15m in revenue in our first ten years.
When I am not podcasting, I am the CEO and Co-Founder of SterlingLawyers.com.
Follow me on: LinkedIn - YouTube - X - Instagram - TikTok

  continue reading

144 episodes

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