In this episode, recorded live at the Canadian Legal Summit, Faren Bogach of Construct Legal and Paul Saunders of Stewart McKelvey join moderator Jacquelyn Stevens to dissect how law firm compensation models are evolving under pressure from clients and shifting lawyer expectations. The panellists share firsthand experiences overhauling traditional pay structures, from Construct Legal’s radically transparent profit-sharing approach to Stewart McKelvey’s strategic, metrics-driven overhaul. They reveal how these changes have impacted recruitment, retention, collaboration, and firm culture, offering candid insights into what works – and what doesn’t – when law firms challenge the status quo on compensation.