joe_serota_wquote.jpgFlorida Trend has a story by Art Levy about The Florida Association of Managing Partners, a support group formed for mid-size law firms by Coral Gables attorney Joseph H. Serota (left), managing partner of Weiss Serota Helfman et al.

The group allows members to network and share information on common issues, such as training, salaries, recruitment and technology. On the issue of salaries, Serota said:

We don’t need to compete at the highest salary with the larger firms, but what we do find is, once you’re into one of our firms for several years, you’re going to be at the market. But you’re going to be at the market based upon merit, not necessarily just because you came in with a very high salary and then your compensation gets flattened out.