Asked and Answered
By John W. Olmstead, MBA, Ph.D, CMC
Q. I am the managing partner of a twelve attorney defense litigation firm in Santa Monica, California. We have four partners and eight associates. Associates are paid a salary. We have several associates that are being overpaid - they are being paid $150,000 - $180,000 and just barely generating $300,000 in working attorney fee receipts. I would appreciate your thoughts.