Description |
1 online resource |
Series |
SAGE Knowledge. Cases |
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SAGE Knowledge. Cases
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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 |
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Description based on XML content |
Subject |
Jacobs, Carly
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Williams & Jacobs, LLC
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Industrial management.
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Industrial management
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Genre/Form |
Case studies.
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Études de cas.
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Form |
Electronic book
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Author |
Smith, Steve, active 2017, author
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Tayler, Bill, author
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ISBN |
9781526442178 |
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1526442175 |
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