About Us

New Partner Joins Lawrence Associates

 Richard M. Lucash, founder of the law firm of Lucash, Gesmer and Updegrove, where he was a senior partner, and most recently a senior partner with the law firm of Eckert Seamans in the Business Division, has joined Lawrence Associates. Mr. Lucash has focused on organizational, capital formation, founder and management compensation and other legal and business issues for high technology companies, and has advised the organizations and individuals who invest in those companies.  He has been actively involved with the venture capital community.  His involvement with raising capital includes his formation of the LaunchPad angel investment group.  Mr. Lucash’s experience includes working with companies involved in a wide range of technologies, including computer software and medical device companies, Internet-based electronic commerce and interactive media businesses, and nanotechnology applications. 

Lindalee A. Lawrence, Founder

Ms. Lawrence is the founder and President of Lawrence Associates. She assists healthcare, academic and not-for-profit clients with executive compensation design, CEO compensation, salary comparison, wage and salary administration, salary surveys, job evaluation, organization design, incentive programs and pay for performance. She assists management, board members and hospital associations in responding to public disclosure of executive compensation. She has been quoted in the Boston Globe, Cambridge Chronicle, Home News, Berkshire Eagle, Patriot Ledger and other media regarding executive compensation. She provides Trustee education through the Healthcare Trustee Institute.  Ms. Lawrence has over twenty years of experience working with employers in these areas.

Prior to forming Lawrence Associates in 1989, Ms. Lawrence was Manager of the Healthcare, Government and Financial Services Industries Human Resource practice for KPMG Peat Marwick in Boston. She spent four years with William M. Mercer, Incorporated, responsible for consulting in the areas of group employee benefits, medical cost containment and plan design, and has worked with collectively bargained employers and Taft-Hartley plans.  Ms. Lawrence was a senior official in healthcare, insurance and health maintenance organization regulation for the State of Massachusetts prior to entering consulting. She was the Associate Director of Research and Education for the Massachusetts Division of Insurance. She also worked in the Quality of Care and Research unit of a health maintenance organization.

She holds an M.B.A. from the Wharton School and a B.A. from the University of Pennsylvania.  Ms. Lawrence is a Certified Compensation Professional (CCP), having passed the WorldAtWork (formerly American Compensation Association) series of examinations.

Ms. Lawrence is a member of the WorldAtWork, American Society for Healthcare Human Resources Administration (ASHHRA), College and University Professional Association for Human Resources (CUPA-HR), the Massachusetts Healthcare Human Resources Association and a sponsor for the Massachusetts Hospital Association.  She served on the national ASHHRA Committee on Variable Compensation. 

Ms. Lawrence is the author of the compensation chapter for the Health Care Administration Manual, winner of the 2007 ASHHRA Communications Award, published by Aspen Publishers.  She authored “Designing an Incentive Compensation Program that Works” published in the January 1998 Healthcare Financial Management, and winner of ASHHRA’s 1999 Communication Award. 

Richard M. Lucash, Partner

Prior to joining Lawrence Associates, Mr. Lucash founded the law firm of Lucash, Gesmer and Updegrove, where he was a senior partner and served on the Compensation Committee.  Most recently, he was a senior partner with the law firm of Eckert Seamans in the Business Division.

Mr. Lucash has focused on organizational, capital formation, founder and management compensation and other legal and business issues for high technology companies, and has advised the organizations and individuals who invest in those companies.  He has been actively involved with the venture capital community.  His involvement with raising capital includes his formation of the LaunchPad angel investment group.

Mr. Lucash’s experience includes working with companies involved in a wide range of technologies, including computer software and medical device companies, Internet-based electronic commerce and interactive media businesses, and nanotechnology applications. 

Mr. Lucash is a Director of the Launchpad investment group and is a member of the Board of Advisors of several companies.  He has long been an active member of the MIT Enterprise Forum and the Massachusetts Technology Leadership Council, for which he chairs the Steering Committee of the Access to Capital group.  He is admitted to practice in Massachusetts.  Mr. Lucash holds an AV® (highest) rating for attorneys from Martindale-Hubbell.  He holds a J.D., from the Cornell University Law School, and an undergraduate degree in Physics from the Massachusetts Institute of Technology.

  Speaking and Media Coverage

  • Red Flags: When to Probe Deeper on Executive Compensation What are the red flags that should alert a board or compensation committee to pay closer attention? We asked three compensation consultants: Jim Rohan, Vice President

    and Managing Director, Sullivan, Cotter and Associates, Chicago, IL; David Bjork, PhD, Managing Director at Clark Consulting, Minneapolis, MN; and Lindalee Lawrence, President of Lawrence Associates, Wellesley, MA.

  • Elyas Bakhtiari, “Step 6:  Communicate, phase-in plan to ensure smooth implementation,” Physician Compensation Report.

  • Nora Caley, "Hiring Yourself:  Finding Marketing Staff", Healthcare Marketing Report, December 2006.

  • Elyas Bakhtiari, “Study sheds light on benefits of disclosing docs' financial incentives to patients,” Physician Compensation Report, Vol. 7 No. 5, May 2006.
    David Epstein, “Stanford’s Lucky Lunch,” Inside Higher Ed News, October 27, 2005.

  • “Managing Compensation in a Community College” with Peter Akeke of Massasoit Community College, May 2005.

  • "Compensating Museum Management and Staff:  What is Fair and Reasonable?", Mid-Atlantic Association of Museums, October 17, 2004, includes a survey sponsored by MAAM and MANY (New York) and Report published on their websites.
  • “Current Trends in Healthcare Compensation,” AHHRA of Greater NY, March 19, 2004.
  • “Emerging Trends in Senior Care Executive Compensation Practices – How Important It Is to Senior Care Trustees, CEOs and Management”, Association of Jewish Aging Services, March 1, 2004.
  • "Hall goals unclear, bonuses high:  Convention execs' guidelines obscure," Boston Herald, November 17, 2003.
  • New England Healthcare Assembly, Healthcare Trustee institute:  Lawrence Associates spoke on Executive Compensation at the 24th Annual Trustee Conference November 13-14, 2003.
  • “Compensation Trends in Higher Education,” Southern New England College and University Professional Association for HR, January-February, 2003.
  • “What Finance Staff Should Know About Compensation” and What HR Staff Should Know About Executive Compensation”, Private Voluntary Organizations, June 2002.
  • "Job-cutting CEOs cashing in, study finds," Boston Herald, August 26, 2003
  • "Report faults ARMC, Commissioner: Execs overpaid; county misled," Athens Banner-Herald, August 9, 2002.
  •  Hospital boss lands big raise," Cambridge Chronicle, MA, August 28, 1997.
  • "Finding Phelps' pay below standard, BHS eyes raise," The Berkshire Eagle, MA, October 1, 1996
  • "Pay healthy for hospital CEOs," The Patriot Ledger, MA, September, 1996
  • "CEO pay at hospitals a complex riddle," The Home News, NJ, April 2, 1995
  • "Boston hospital chiefs got healthy pay in '92," Boston Globe, August 19, 1993

 

 

 

Lawrence Associates
Suite 303, 396 Washington Street
Wellesley, MA 02481

Tel.  781-237-9044  Fax  781-237-9045

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