Clearly, the stability of any law firm is largely dependent on its profitability. Unlike many other firms, Flaster/Greenberg is not obsessed with profits per partner (PPP). At Flaster/Greenberg, we can accommodate a broader range of practices and don't force each shareholder to perform at the same financial level in order to remain a shareholder.
We believe revenue per lawyer is a better measure of a firms' health. Ultimately, shareholder compensation at our firm compared to lawyers at competing firms, with similar performance figures (comparable production, minding and origination) is the best indicator of profitability. In discussions with numerous lateral candidates, our shareholder compensation consistently compares favorably with attorneys at both larger and smaller firms.