Reasonable Compensation for Law Firms and Attorneys

CPA Ronald Seigneur provides some basic insights on the factors that need to be evaluated when reasonable compensation is at issue in a law firm setting. This focus relates to ownership decisions regarding the overall allocation and character of enterprise profits. He outlines tips that can be helpful in the design and implementation of compensation systems and in helping the individuals who are impacted by these systems to better understand the rationale for how enterprise level profits are to be shared.

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