Performance Based Pay + Awards Program =
Incentivized Employees
The Best System That No Money Can Buy
Most law offices pay associate attorneys and paralegals fixed salaries based upon expectations, with minimum billing targets enforced with nagging and threats of consequences.
MoreLawProfits has developed algorithms for performance based pay and recognition awards for associate attorneys, paralegals, and business staff that incentivizes them to control business critical numbers. Because they receive more pay, receive monthly awards, gain recognition through the Awards Program, and get to play competitive games.
Performance Based Pay
The associate attorney algorithm that determines their pay every six months based on their performance during the last six months has up to (10) tried and true variables they can control to elevate their pay while optimizing Critical Numbers and profits for the business.
The paralegal algorithm that determines their pay every six months based on their performance during the last six months has up to (7) tried and true variables they can control to elevate their pay while increasing profits for the business.
The business staff algorithm that determines their pay every six months based on their performance during the last six months has up to (3) tried and true variables they can control to elevate their pay while increasing profits for the business.
Recognition Awards Program
Subjective Awards Programs can do more harm than good by lowering morale, whereas MLP‘s proprietary Awards Program controlled by an algorithm is based on hard performance data, so that employees are not pitted against each other.