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Book Cover
Author Swain, Monte R., author

Title Williams & Jacobs, LLC : a deposition on business / Monte Swain, Steve Smith, Bill Tayler
Published London : Institute of Management Accountants, 2017
Online access available from:
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Description 1 online resource
Series SAGE Knowledge. Cases
SAGE Knowledge. Cases
Summary Carly Jacobs, senior partner at Williams & Jacobs, is concerned about how the management structures and management accounting system is affecting the success of her law firm's business. The firm has six practice groups (service lines) managed using an incentive structure for the firm based on a competitive sharing system between the practice groups. The support staff is a shared service at the office, and all partners participate equally in net profits. A bonus pool as a share of operating profit is distributed to practice groups based on relative profit of each practice. In the early days of the firm, this management system seemed to work well. But partners are increasingly frustrated about costs, and younger colleagues at the firm are talking about leaving for other opportunities
Notes Originally published in Swain, M., Smith, S., & Tayler, B. (2017). Williams & Jacobs, LLC: A Deposition on Business. IMA Education Case Journal, 10(2), Article 2
Description based on XML content
Subject Jacobs, Carly
Williams & Jacobs, LLC
Industrial management.
Form Electronic book
Author Smith, Steve, active 2017, author
Tayler, Bill, author
ISBN 9781526442178 (ebook)