«It is also known that the trajectory for those with
poor academic
performance and difficulties communicating with peers is
often one that
leads to low self - esteem and feelings of isolation or depression.
Far too many firms view the goal of compensation - setting as simply «making as many people as happy as possible», which a)
often leads to poorer performers being overly - compensated at the expense of the generous, strong performers who «leave money on the table» for the good of the firm, and b) ignores a golden opportunity
to set
performance goals and expectations for the firm and for each lawyer and staff member (one of which can be a defined role on a team) and then make the
performance against such pie - growing efforts a factor in compensation.