Canadian Lawyer

w w w . C A N A D I A N L a w y e r m a g . c o m J U L Y 2 0 1 7 23 Equal partnership 16% Modified Hale and Dorr 16% Simple unit 6% Merit 13% 50/50 subjective-objective 13% Eat-what-you-kill 19% Other 19% Lock-step 0% w w w . C A N A D I A N L a w y e r m a g . c o m J U L Y 2 0 1 6 23 1 1 2 2 3 3 4 4 4 5 5 5 6 6 7 7 8 67% 33% DOES YOUR FIRM HAVE A TWO-TIER PARTNERSHIP STRUCTURE? (Sample size 108) Yes No WHAT COMPENSATION METHOD DOES YOUR FIRM USE FOR EQUITY PARTNERS? (Sample size 32) NON-EQUITY PARTNER COMPENSATION METHOD (Sample size 32) HOW MANY OF COUNSEL LAWYERS ARE THERE IN YOUR FIRM? (Sample size 70) 38% 67% 38% 24% 13% 6% 13% 1% 0% 1% Salary Percentage/Share of profits Billable hour/Revenue targets Other 0 1 to 4 5 to 10 11 to 20 21 to 50 More than 50 0 79% 1 to 4 15% 5 to 10 3% 11 to 20 1% 21 to 50 1% More than 50 0% 1 2 3 4 5 6 HOW MANY STAFF LAWYERS ARE THERE IN YOUR FIRM? (Sample size 73) 1 2 3 27% 1% 3% 1% 1% 0% Less than $500,000 $500,000 - $1 million $1M - $5 million $5M - $10 million $10M - $25 million $25M - $50 million $50M - $100 million $100M - $200 million $200M - $500 million Over $500 million 12% 7% 3% 28% LAW FIRM'S 2016 ANNUAL GROSS REVENUE (Sample size 144) (BEFORE TAXES AND PARTNER DISTRIBUTION) had 50-99, 3% had 100-249, another 3% had 250-499 and 2% had more than 500. Fifty-nine per cent of firms or organizations operate out of one office, with 26% having two to four, 7% having five to 10 and 8% operating out of more than 10. Geographically, 55% of respondents had a presence in Ontario. British Columbia (28%) and Alberta (27%) were also well represented. Quebec was the base for 16% of respondents, while 8% of respondents came from Saskatch- ewan and 8% from Manitoba. The rest were scattered across the rest of the provinces and territories, as well as the United States and internationally.

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