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.
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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.
iPro trust account shortfall highlights real estate transparency failures: Ed Carmichael
CL Talk
22 minutes 57 seconds
2 weeks ago
iPro trust account shortfall highlights real estate transparency failures: Ed Carmichael
Ed Carmichael, managing lawyer at OwnRight, a Toronto-based digital platform for real estate transactions, speaks about the urgent need for greater transparency and stronger oversight in Ontario’s real estate sector. Drawing on the recent iPro trust account shortfall, he outlines how gaps in regulatory audits and outdated industry practices leave both clients and lawyers vulnerable. Carmichael also discusses how technology can address these risks by providing real-time updates and clarity throughout the transaction process.
CL Talk
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.
