On this episode of the Law Firm Practice Management Advice podcast, Kirk Stange gives an overview of how law firms can approach setting associate attorney salaries by focusing on financial sustainability. It emphasizes aligning pay with the revenue an associate brings in, balancing fair compensation with the firm’s overhead and long-term stability. It also notes that while incentives can be useful, most associates still prefer dependable base pay.

This episode is based on an article on our Law Firm Practice Management Advice blog titled: How much to pay an associate attorney?